Apr 11 - 25, 2015 Volume 19 Issue 8
Coming Soon
DANIELSBARTHOLOMEW.COM
416.955.0559
Finally! Everything you’ve been looking for in the heart of the city has arrived! SUITES
FROM THE LOW
$200,000s INSIDE THIS ISSUE
CANADA’S CONDO MARKETS: UPS, DOWNS & PREDICTIONS
TOWNS
FROM THE MID
$500,000s
WHAT IS TITLE INSURANCE?
BRINGING HOME MID-CENTURY MODERN DESIGN
Built to make a statement. live well by design. At Avani 2, a sleek urban vibe resonates throughout every suite design, creating spaces that can express your passions and personality.
Built for life. Built for you.
tridel.com
DIAMONDS ARE FOREVER JUST LIKE OUR VIEWS
COMING SOON, BRILLIANT LIVING AT AVENUE & ST. CLAIR FROM THE $300’S Blue Diamond at Imperial Plaza, a new 26-storey tower in the dazzling Forest Hill neighbourhood, brings new intensity to condominium luxury. Sublime amenities, superlative finishes and Toronto’s most radiant views. Experience the brilliance.
REGISTER NOW BLUEDIAMONDCONDOS.CA FO L LOW U S :
@CAMROST
C A M R O S T F E LCO R P
PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. IMAGES ARE ARTIST CONCEPT. ERRORS AND OMISSIONS EXCEPTED. BROKERS PROTECTED
EDITOR’S NOTE
HOME-BUYING DECISION DRIVERS
SUSAN LEGGE Editor-in-chief
Susan.Legge@ypnexthome.ca Follow me on Twitter at Twitter.com/SusanLegge Like us on Facebook Search: Condo Guide
New-home buyers are often driven by different influences, but there’s no doubt lifestyle is an increasingly important factor. Whether you’re considering a home near the beach, a golf course or a city penthouse or pied-à-terre, you’re likely looking to compensate for what you don’t have in your current residence. The amount of living space is usually the issue – either too much or too little. Most young families are looking for more living space, which is why builders are designing homes with interiors that maximize every square foot of living space to make the most of your money. As we get older, the quest for living space may take a different direction. Downsizing is often the answer, although many homeowners with existing homes in suburban or rural areas are acquiring townhomes or pied-à-terres in the city. An urban location gives owners and their friends a chance to enjoy the social and cultural activities of the city without having to drive for hours to get home. In today’s hectic world, your new home will be your retreat, so it’s important to find a home that suits your needs and lifestyle. In this issue, we profile new communities which offer the perfect place to put up your feet, plus the latest industry news and features about buying and owning a new home. Enjoy!
THE BEST OF THE BEST
LYDIA MCNUTT Editor
Lydia.McNutt@ypnexthome.ca Follow me on Twitter at Twitter.com/LydiasTweets
2 NEW CONDO GUIDE APRIL 11 - 25, 2015
Well, it’s that time of year again. The finalists for the annual BILD Awards have been announced, voting is closed, and the industry is gearing up for the big reveal on April 24. This annual gala celebrates the best of the building industry, from the builders and their dazzling designs themselves, to the advertising, marketing and sales teams behind these successful projects. And there are many. It’s great news for homebuyers, who can rest assured that they’re making life’s most important purchase from some of the most dedicated professionals around. With so many homebuilders vying for your attention, how do you choose the right one? With the Internet at your disposal, much of the information you seek is right at your fingertips. What builders are out there? How long have they been in business? How many new communities have they completed? What are they building, and where? Can they deliver your must-have list? While the Internet is a valuable tool, you can’t beat the face-to-face experience. Visit builders’ sales centres and model suites, speak with staff, and tour their communities – both completed and in progress, to see the team in action. Don’t be afraid to approach a resident and ask them about their experience. What was their overall impression? How was the after-sales service? Did the builder meet the time line for closing? Were there any problems, and if so, how were they rectified? Would they buy from the same builder again, or recommend them to a family member? There’s so much choice in the GTA, whether you seek a chic city suite or spacious suburban home – potentially by an award-winning builder, which makes you, the homebuyer, the real winner.
1 address... endless possibilities
CONDOMINIUM RESIDENCES AT YORKVILLE & YONGE STEPS TO SUBWAY AND PATH SUITES STARTING FROM $408,000
1YORKVILLE.CA PRESENTATION LOUNGE 162 CUMBERLAND ST. (416) 519-2911 @BazisInc
PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E. RENDERING IS ARTIST’S CONCEPT ONLY.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 3
NEW CONDO GUIDE
CONTRIBUTORS PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge ASSOCIATE PUBLISHER SWO NEW HOMES
Susan Maxwell ART DIRECTOR
Daiana Garay EDITOR
Lydia McNutt BILD REPORT
LEGALLY SPEAKING
DESIGNER ADVICE
Bryan Tuckey
Jayson Schwarz
Yanic Simard
Bryan Tuckey is president and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/ bildgta), Youtube (youtube.com/bildgta) and BILD’s official blog (bildblogs.ca).
Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit the website at schwarzlaw.ca or email info@schwarzlaw.ca.
Yanic Simard is New Condo Guide’s design editor, principal designer of the award-winning Toronto Interior Design Group (tidg. ca), and regular guest expert on City’s Cityline. Check out Yanic’s accessory line, Yanic Simard Selected, online at ysselected.com
CONTRIBUTING EDITORS
Sara Duck (on leave) Wayne Karl Elisa Krovblit DESIGN EDITOR
Yanic Simard
SENIOR SALES MANAGER
Conni Robinson SENIOR ACCOUNT EXECUTIVES
Dionne Fraser dionne.fraser@ypnexthome.ca Nina Downs nina.downs@ypnexthome.ca
SALES & MARKETING CO-ORDINATOR
Terry Bassett ADMINISTRATIVE ASSISTANT
Antoinette Jackson PRODUCTION MANAGER
Bala Gnanapandithan CONDO PRO
STAT CHAT
Barbara Lawlor
Ben Myers
Barbara Lawlor is president and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condo developments in the GTA and overseas.
Ben Myers is senior vice-president of Market Research and Analytics at Fortress Real Developments. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments. com/news or follow him on twitter at @BenMyers29
INVESTOR ADVICE
Andrew la Fleur
Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Visit TrueCondos.com/ NewCondoGuide for a free gift. Contact Andrew at 416.371.2333 or andrew@truecondos.com
PRODUCTION CO-ORDINATOR
Sandra Hanak-Vujnovic GRAPHIC DESIGNERS
Viosa Barileva, Miguel Cea, Hannah Yarkony Sandra Hanak-Vujnovic, Mike Terentiev
#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 ypnexthome.ca Call 416.626.4200 for advertising rates and information. CIRCULATION Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices. COPYRIGHT 2015 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. TERMS Advertisers, editorial content and New Condo Guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL Submissions from interested parties will be considered. Email to susan.legge@ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication. ADVERTISING
IN THE NEWS
Q&A
HOMEBUYERS’ HELP
Lydia McNutt
Wayne Karl
Kara Kuryllowicz
Lydia McNutt is an award-winning writer and editor of New Condo Guide. Lydia’s love of architecture, interior design and the written word have landed her happily at home at Yellow Pages NextHome. Email Lydia.McNutt@ypnexthome.ca and follow her on Twitter @LydiasTweets
Wayne Karl is an awardwinning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics of buying property. Email Wayne.Karl@ypnexthome.ca or follow him on Twitter at Twitter.com/WayneKarl
Kara Kuryllowicz is a Toronto-based freelance business writer with a long-term interest in real estate on a business and personal level, as both a homeowner and a landlord with investment properties. She loves living in Toronto’s Riverdale area as well as on an island in Pointe au Baril.
4 NEW CONDO GUIDE APRIL 11 - 25, 2015
Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
NOW UNDER CONSTRUCTION ONLY 3 UNITS REMAINING
Condominium Residences at Yonge and Eglinton Direct subway access - Starting from $389,400
ECONDOS.CA Presentation Office located at 2300 Yonge Street, Lobby - 416.243.8688
Prices and specifications are subject to change without notice. E. & O.E.
@BazisInc APRIL 11 - 25, 2015 NEW CONDO GUIDE 5
6 NEW CONDO GUIDE APRIL 11 - 25, 2015
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CONDOMINIUMS FROM THE LOW $300’S VIEW OUR VIRTUAL TOURS ONLINE
PEMBERTONGROUP.COM OR CALL 905.709.5700 MONDAY – THURSDAY 12 – 7PM, SATURDAY & SUNDAY 12 – 6PM, FRIDAY CLOSED *See a sales representative for full details. Exclusive Listing Brokerage Circle M Realty Corporation. Prices and specifications are subject to change without notice. Illustrations are artist’s concept E.&O.E.
8 NEW CONDO GUIDE APRIL 11 - 25, 2015
BRIGHT LIGHT S, BIG CIT Y
CONDOS AT YONGE & EGLINTON
FROM $199,990
COMING THIS SPRING
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CityLightsCondos.ca • 416.546.6605 Exclusive Listing Brokerage Circle M Realty Corporation and Milborne Real Estate Inc. Brokers Protected. Prices and specifications are subject to change without notice. Illustration is artist’s concept E.&O.E
APRIL 11 - 25, 2015 NEW CONDO GUIDE 9
BILD REPORT
Transforming communities through sport By Bryan Tuckey
I
n just a few months, the Pan American and Parapan American Games will be hosted by the GTA, and I’m proud that some of our members have helped to design, engineer, plan and build the legacy venues across the region. These venues have been transformative for numerous communities and when the Games are over, they will serve as neighbourhoods, recreation hubs and training facilities for years to come. To tell us more about the Games, we invited Saad Rafi, CEO of Games’ Organizing Committee, to be our keynote speaker at our annual industry luncheon a few weeks ago. With more than 250 members in the room, Rafi said, “many BILD members have helped to build the venues that will make the Games shine.” One of them will be the new velodrome in the Town of Milton, which is only one of two internationally sanctioned velodromes in Canada. The local share of funding for the venue was largely from development charges, paid by the development community and new-home owners in Milton. The Games has also brought much-needed infrastructure to the region, such as the Union-Pearson Express rail link and improved GO service, Safi said. The Games also spurred development of Toronto’s new waterfront community, the LEED Gold-designed Canary District, which will first be the Games’ Athlete’s Village and then a lively neighbourhood including 810 condominiums and townhomes. Of those, 100 will be available for affordable ownership and 253 will be affordable rental homes. A number of venues across the GTA have been updated and retrofitted for the Games, such as the Etobicoke Olympium and the equestrian park in
10 NEW CONDO GUIDE APRIL 11 - 25, 2015
the Town of Caledon, while others are new, such as the aquatics centre and field house in Scarborough. Safi said BILD members should take pride in the fact that they have built and renovated the complete communities that will host the 10,000 athletes, coaches and officials from 41 countries competing in 51 sports in more than 30 venues across the GTA in July and August. I wholeheartedly agree. We build more than just homes and employment space; we build complete communities that will welcome tens of thousands this summer and will help to put the GTA on an international stage. We look forward to seeing everything come together this summer.
Bryan Tuckey is president and CEO of the Building Industry and Land Development Association and a land-use planner who has worked for municipal, regional and provincial governments. Follow him on Twitter @bildgta, facebook.com/bildgta and bildblogs.ca
T he Soul of Italy
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ONLY A FEW SPECTACULAR SUITES LEFT! VISIT THE PRESENTATION CENTRE TODAY! STUDIOS TO 3 BEDROOMS WITH LARGE BALCONIES & TERRACES FROM $202,900 TO $591,900
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PRESENTATION CENTRE IS LOCATED AT THE NORTHEAST CORNER OF DUFFERIN ST. & LAWRENCE AVE. MONDAY TO THURSDAY 12PM -6PM, SATURDAY, SUNDAY 12PM - 5PM FRIDAY & HOLIDAYS CLOSED
“Live free for a year” refers to credit for maintenance fee for one year as listed in the condominium documents. ALL SALES REQUIRE MORTGAGE APPROVALS. A 95% MORTGAGE APPROVAL IS REQUIRED or PURCHASER IS TO PROVIDE ADDITIONAL DEPOSITS ON OCCUPANCY for the difference. Special Deposit structure is not available for Off shore deals. Prices and Specifications subject to change without notice. Promotions may be changed and or cancelled at any time without notice. Exclusive Broker Milborne Real Estate Inc. Brokers Protected. Please speak to Sales Representative for full details. E. & O. E.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 11
CONTENTS
APR 11 - 25, 2015
VOLUME 19
ISSUE 08
COVER STORY
Bartholomew 20 The Exciting new condominium suites
and towns coming to Downtown East
COLUMNS / NEWS / FEATURES 2
Editor’s Note
4
Contributors
10 BILD Report Transforming communities through sport by Bryan Tuckey
16 Investor Advice Spotting a great condo investment by Andrew la Fleur
18 Legally Speaking Title insurance: What is it, and why do you need it? by Jayson Schwarz
12 NEW CONDO GUIDE APRIL 11 - 25, 2015
22 In The News Mortgage costs about to rise for some Canadians by Lydia McNutt
28 Stat Chat Don’t sleep on the Toronto condo market by Ben Myers
32 Condo Pro Colour clues and cues by Barbara Lawlor
34 In The News Cash Grab Event attracts even more excitement to Centro Square Condos
38 In The News Plans unveiled for former Guvernment Entertainment Complex 48 In The News East United: A fresh face for Toronto’s historic East End 49 Condo Hunter’s Checklist 58 Q&A Jennifer Keesmaat, chief planner, City of Toronto, talks life and real estate by Wayne Karl
64 In The News World-renowned designer Karl Lagerfeld celebrates his first Canadian collaboration
82 Designer Advice Bringing home Mid-Century Modern design
70 In The News A soft landing for Canada’s condo markets
86 Condo Watch 416 Previews, new releases and grand openings in the 416
by Lydia McNutt
76 Homebuyers’ Help Jumping into real estate investment – feet first
by Yanic Simard
90 In The News Fieldgate Homes throws first documented demolition party in Canada
104 Condo Watch 905 Previews, new releases and grand openings in the 905 106 In The News Breaking ground at The Mark: Construction kicks off at Markham condominium 113 Condo Buyers’ Resource Section 118 Advertiser Index
by Kara Kuryllowicz
CONDO PROFILES
66
88
CHESTNUT HILL DEVELOPMENTS Lotus Condominiums Boutique luxury coming to Bayview and Sheppard
74
CASTLE GROUP DEVELOPMENTS Vida Live in luxury and connect to convenience with Vida
ARAGON PROPERTIES Enigma On The Park Answering the demand for townhomes
96
PIANOSI DEVELOPMENT CORP. Perspective Condominiums Live free for one year! APRIL 11 - 25, 2015 NEW CONDO GUIDE 13
M MINTO
OR $7,5OO IN UPGRADES!*
Introducing The Yorkville Collection, an exquisite, limited collection of 1 and 2 bedroom suites, enhanced with premium luxury finishes, spacious balconies with city and park views. Live in the heart of Toronto’s most desirable neighbourhood, steps from designer shopping, dining, arts and culture.
LUXURY CONDOS AT BELLAIR & CUMBERLAND FROM THE LOW $400’s*
ADDRESS: SALES CENTRE LOCATED ON BELLAIR 94 CUMBERLAND ST. HOURS: MONDAY-WEDNESDAY 12-7 SAT & SUNDAY 12-5PM REGISTER AT MINTOYORKVILLEPARK.COM 437.836.8589
14 NEW CONDO GUIDE APRIL 11 - 25, 2015
*Prices and specifications are subject to change without notice. **Receive a credit on closing for 1 year free maintenance and property taxes, applicable to select suites. Renderings are artist’s concept. E.&O.E.
UP TO
$25,000 + CASH BACK*
FREE PARKING* FREE LOCKER*
+
BUY WITH DOWN!
IN R! E V EA O Y M IS TH
WE’VE HIT OUR INCENTIVES OUT OF THE PARK!
DANIELS’ GRADUAL DEPOSIT PAYMENT PLAN*
High Park living awaits! What could be better than enjoying outstanding amenities, nearby shops, exceptional Bloor West restaurants, and a 399-acre premier park? Awesome incentives designed to help you call HighPark Condominiums home. HighPark is well under construction, which means you’ll be able to move in this year! Suites from $299,900. PRESENTATION CENTRE: 2150 Bloor St West Mon, Tues and Thurs: 12-6pm / Wed: 12-8pm Sat, Sun and Holidays: 12-5pm / Fri: closed
*The 5% deposit program, free parking and locker, as well as cash incentives ($20,000 cash back on studio and one bedroom suites; $25,000 on one bedroom + den or larger suites) are available on selected suites for a limited time only. Other conditions apply. See Sales Representative for full details. Exclusive listing: City Life Realty Ltd., Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist’s concepts. E. & O.E.
Take advantage while you still can!
416.351.1844 danielshighpark.com
INVESTOR ADVICE
Spotting a great condo investment By Andrew La Fleur
W
hen it comes to investing in condos, not all projects are created equal. Some are more profitable than others, some provide investors excellent return on investment, while others do not. So, how do you know what to look for when choosing a condominium to invest in? While there are hundreds of factors to consider when picking the right project, here are four tried and true ingredients for a successful condo project to invest your money: 1 Multi-phase projects Projects that are not just one-off buildings, but rather contain multiple buildings rolled out over time as part of a bigger master plan, are great for investment. If the project is successful at the start, prices always go up for subsequent phases. Getting in early in a multi-phase project is a proven method of making money in condo investing. Some well-known examples of multi-phase projects and communities include Cityplace, Liberty Village, the Distillery District, and more recently, the revitalization of Regent Park.
areas. One area that has a strong rental market right now is Yonge and Eglinton. 4 Developer history On this point, I’m not referring to whether the developer has a solid history of building good product and finishing on time (while that is important). I’m referring to their history with their investor buyers. The best condo projects for investment are often those where the developer understands and puts a high value on the role of the investor buyer in the sales process. They reward their early investors with great prices, and this translates into strong asset appreciation by the time the building is complete.
2 Location with upside potential While it’s hard to go wrong when you invest in an established triple-A location like Bloor-Yorkville, anywhere near Yonge Street or King West, often it takes a little more foresight to see the greatest opportunities are in areas that are still in transition. Ten years ago, no one wanted to live at King and Bathurst. Now this area is one of the hippest and hottest in the city. Today for example, the east side of downtown is much cheaper on average than the west side, which provides an excellent opportunity to invest. 3 Areas with high rental demand When evaluating potential condo buildings to invest in, be sure to study the rental market in the immediate vicinity to see how much demand there is to live in the area. Look especially for two things: are rents increasing, and how many days on the market does the typical rental listing last? Areas with rapidly increasing rental rates and low time on the market are more likely to outperform other 16 NEW CONDO GUIDE APRIL 11 - 25, 2015
Andrew la Fleur is an awardwinning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto Condo Market. Visit TrueCondos.com/ NewCondoGuide for a free gift. Contact Andrew at 416.371.2333 or andrew@truecondos.com
RIVA IS MAKING WAVES Riva del Lago has opened with great success. Monarch’s boutique condo is one of a kind. A selection of suites remain for those who hurry in. Visit today. Because Riva is not like the rest.
Last chance for Pre-Construction pricing
Ask about our Pre-Construction Sales Incentives Waterfront Boutique Condos from the $300,000’s*
Riva del Lago Sales Centre: 2167 Lake Shore Blvd. W. Etobicoke Mon - Thurs: 12pm – 6pm, Weekends & Hol: 12pm – 5pm, Closed on Fri. 416.495.3544
GARDINER EXPRESSWAY Park Lawn Rd.
CONSTRUCTION STARTS THIS SPRING!
Lake Shore Blvd. W
Sales Centre Marine Parade Dr. Lake Ontario
discover more
MonarchGroup.net
first. *Prices, specifications and promotions are subject to change without notice. Rendering is artists’ concept and image is for mood and impression only. E.&O.E. 15194.
MONARCH COMMUNITIES ETOBICOKE WATERFRONT Riva Del Lago | Now Open from the $300,000’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544
ETOBICOKE WATERFRONT Lago | Under Construction from the $200,000’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544
ETOBICOKE WATERFRONT Waterscapes | Move-in Now from the $400,000’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544
DOWNTOWN TORONTO Picasso | Under Construction from the $400,000’s Appointment Only 416-495-3549
SALES CENTRE HOURS: Mon.- Thurs. 12pm - 6pm, Weekend & Holidays 12pm - 5pm, Closed Fridays
ALSO BUILDING LOW RISE COMMUNITIES IN: Kleinburg | Caledon | Ajax | Scarborough | Kitchener
Our Sky Suites lift luxury to a new level Queen West voted by Vogue as the 2nd coolest neighbourhood!
Picasso on Richmond is one of Toronto’s most striking architectural statements. It’s under construction now, rising over the heart of Queen West with views of Queen and Peter and the Entertainment District. It is very much a part of the celebrated Queen West experience, and is in the heart of the Toronto international Film Festival every year. A location like no other, right at John and Richmond and just a 5 minute walk to the subway. Only Picasso on Richmond. And only for now.
WELL UNDER CONSTRUCTION ONE BED + DEN FROM THE $400’s* THREE BEDROOMS AND PENTHOUSES FROM THE $600’s*
5% deposit* 1% off* 2 years free maintenance fees* For a personal presentation, call our sales representative at 416-495-3549 Queen St.
BUILDING LOCATION
John St.
Peter St.
N
Richmond St. W.
discover more
MonarchGroup.net *Limited time offer, some conditions apply. Please ask a sales representative for details. Prices, specifications and promotions are subject to change without notice. Rendering is artists concept and image is for mood and impression only. E.&O.E. 15194.
PHASE 2 COMING SOON GOLD WINNER INTERNATIONAL COMMUNITY OF THE YEAR BY THE NORTH AMERICAN HOME BUILDERS ASSOCIATION
80% SOLD IN PHASE 1
WHERE EAST MEETS WEST
ASIAN INSPIRED CITY LIVING AT 501 YONGE FROM $199,900. In the heart of the city, in the midst of it all, a new spirit rises. TeaHouse 2 is the next phase of the award-winning condominium development that is re-imagining urban living with a distinctly Asian flair. Inspired by the cultures and traditions of the east, fashioned for modern life in cosmopolitan Toronto – welcome to your world in perfect harmony.
REGISTER NOW FOR PHASE 2 TEAHOUSECONDOS.COM 416.861.1111 Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifications subject to change without notice. Illustrations are artist’s concept. E.&O.E.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 17
LEGALLY SPEAKING
Title insurance: What is it, and why do you need it? By Jayson Schwarz
T
itle insurance is supposed to provide comprehensive insurance coverage for certain title-related risks associated with home buying such as zoning issues, claims of mental incapacity, lack of up-to-date survey and the legal services provided by your lawyer (such as title certification). It insures against such defects in title, which may occur from conflicting ownership claims, liens, undischarged mortgages, consents and the like. It will cover compliance and access issues such as work orders, permit violations, fences, boundaries, tenancies and rights of way. It is supposed to be in force so long as the purchaser or his heirs own the property. Title insurance will outlive the certification of your lawyer, whose insurance stops if he or she dies or ceases to practice law. Okay, what if something is wrong and a prospective purchaser will not accept a new title insurance policy at no cost? The insurer will pay out in accordance with the policy, or will, if possible, repair the defect. Title insurance protects from vendors that won’t re-adjust or misrepresent things such as the real estate taxes paid. In addition, lawyers’ insurance is time of incident related, which means in simple English that if your lawyer is dead, retired or stops practice and you make a claim after that, you are not covered. Title insurance saves you money. Disbursements – money paid to third parties for items such as building compliance letters, subdivision compliance letters and deed registration – are lower. We estimate $200 to $300 on a deal after the cost of the policy. Almost all of Ontario is now on an electronic registry system. Title insurance has become the norm and many of the transactions are done by computer communications. Make sure the lawyer you select has taken the title insurance courses, has gone to the seminars on Terranet, the electronic registry system, and can properly advise you. The Law Society passed a rule that every lawyer on a residential real estate deal must advise the client of title insurance, the different companies offering it, and how it works. Remember, a lawyer survives by repeat business and referrals, and a lawyer’s mandate from the Law Society is that the client’s best interests must come first. We have all read and heard about mortgage and title fraud, where unscrupulous people put fake mortgages on 18 NEW CONDO GUIDE APRIL 11 - 25, 2015
properties or sell houses they do not own. Title insurance indemnifies you against these occurrences. To summarize, title insurance does four things better than lawyers’ insurance through Law Pro (the Law Society’s insurance arm): » gives better coverage as to the quality of your ownership than a lawyer’s insurance; » lasts forever when lawyers don’t; » saves $300 to $400 in disbursements; » protects from mortgage and title fraud. Every lawyer has an obligation to make you aware of your title insurance options, so you can choose which way you want to go. Think through your options carefully and choose wisely.
Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit schwarzlaw.ca or email info@schwarzlaw.ca and give us your questions, concerns, critiques and quandaries.
COMING THIS SPRING
Ask about our **
SUITES
FROM THE LOW
TOWNS
FROM THE MID
$200,000s $500,000s
Finally! Everything you’ve been looking for in the heart of the city has arrived! The Bartholomew collection of condominium suites and traditional towns is redefining downtown living. Smart designs, impeccable designer finishes, outstanding amenities, and townhomes with private backyards – all just steps from a new 6-acre park, aquatic centre, MLSE athletic grounds, schools, shopping, and dining. And, the TTC is at your door. This is an extraordinary opportunity to own a new home in the awardwinning, world-leading Regent Park revitalization – In the heart of it all, you can have it all. Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concepts. Prices and specifications are subject to change without notice. E.&O.E. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. *Conditions apply, see sales representative for full details. **Conditions apply. First Home Boost Program is only available on a limited number of suites.
BOOST your down payment from 5% to 15%…interest and payment free!
DANIELSBARTHOLOMEW.COM
416.955.0559
COVER STORY
Register today for The Bartholomew EXCITING NEW CONDOMINIUM SUITES AND TOWNS COMING TO DOWNTOWN EAST IN TORONTO’S REGENT PARK, the lifestyle opportunities offered by The Daniels Corporation are capturing the interest of buyers seeking outstanding urban living for great prices. The Bartholomew, Daniels’ newest collection of condominium suites and condominium townhomes – is the latest addition to the award-winning, world-leading Regent Park revitalization. With suite prices beginning from the low $200,000s and towns from the mid-$500,000s, the opportunity to own a new home will be attainable for a variety of avid downtown dwellers, from professionals to growing families, empty-nesters, singles and couples. And they definitely see it at The Bartholomew, a 13-storey condominium and 30 condominium townhomes designed by the renowned Quadrangle Architects Limited. Residents will have exclusive amenities, including a party room with a kitchen/bar, a 24/7 lounge, pet spa, and a spacious and beautifully landscaped courtyard complete with gardening plots. Active residents will appreciate the indoor fitness centre, plus a multi-purpose room complete with Wellbeats – a 20 NEW CONDO GUIDE APRIL 11 - 25, 2015
wellness resource that takes “virtual” to “physical” with the touch of a screen. Programs such as Zumba, yoga, Pilates, dance-based exercise, weight training, cardio, cycling and classes for kids can be accessed from a kiosk in front of a large-screen projector. People can select classes, invite friends, and exercise guided by professional instructors. The beautifully appointed condo suites feature nine- and 10-ft. ceiling heights; laminate, porcelain and ceramic flooring; custom-designed contemporary kitchens with quartz
The Bartholomew is nestled in the centre of Toronto’s vibrant Regent Park neighbourhood – a community that nurtures health, wellness, the arts and entrepreneurship countertops, porcelain tile backsplashes and Europeanstyle stainless steel appliances; custom-designed bathroom vanities with quartz countertops; deep soaker tubs and clear, tempered-framed glass showers. For those looking for the ease and convenience of street-side living, The Bartholomew will also offer spacious and contemporary three-storey townhomes with designer finishes. Townhomes include nine-ft. ceilings on the ground, second and third floors, oak staircases stained to match the floor colour, and private rear yards with a gas line perfect for outdoor barbecue entertaining. Those looking to take townhome living to the next level should look to The Bartholomew’s exclusive Sutton Collection. This limited collection of luxury towns nestled on Sutton Street will redefine downtown living with fourlevel, two- and three-bedroom townhomes with rooftop terraces, private garages, finished lower levels and the opportunity to select designer finishes. The Bartholomew is nestled in the centre of Toronto’s vibrant Regent Park neighbourhood – a community that nurtures health, wellness, the arts and entrepreneurship. The suites and towns will be steps to Daniels Spectrum – a 60,000-sq.-ft. cultural hub; Paintbox Bistro, a six-acre community park on Dundas Street with a playground, gardening plots, off-leash dog park and water play plaza; the Regional Aquatic Centre; a new Community Centre currently under construction; FreshCo by Sobeys; Rogers; Tim Hortons; RBC Royal Bank; and the conveniences of schools, public transit, and – during the growing season – The Regent Park Farmers’ Market. Phase One of the revitalization is complete; Phase Two is well underway; and plans for Phase Three include the 2.8-acre MLSE Regent Park Athletic Grounds. This recreational space will also feature a new basketball court, soccer/cricket pitch and running track. In minutes, Regent Park residents can also walk to the Eaton Centre, Bay Street, Leslieville, Cabbagetown, the Distillery District, Nathan Phillips Square and more. To ensure the very best chance to purchase a brand new townhome or suite in this incredible location, registrants can join The Bartholomew Inner Circle. Membership entitles you to be among the first to purchase, with an invitation to Daniels’ preview event including the first advance sale before the general public. Inner Circle members will have the most comprehensive choice of homes, floors and views and can take advantage of
preview pricing. To join, a $300 registration fee is required, which will be applied toward the purchase of your suite, or fully refunded if you choose not to purchase. The Daniels Corporation (danielshomes.ca) is one of Canada’s pre-eminent builders/developers, building more than 25,000 new homes across the Greater Toronto Area for 33 years. Daniels has been named Tarion Warranty Corporation’s ‘Ontario High Rise Builder of the Year,’ and is a recipient of the Toronto Arts and Business Award presented by the Toronto Arts Foundation. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park – 69 acres in the heart of Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that help people achieve home ownership, champions neighbourhood initiatives that enhance residents’ quality of life, and supports numerous charities and non-profit organizations.
To register for The Bartholomew, visit Daniels’ Regent Park Presentation Centre at 500 Dundas St. E., call 416.955.0559 or visit DanielsBartholomew.com.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 21
IN THE NEWS
Mortgage costs about to rise for some Canadians By Lydia McNutt
I
f you’re planning to buy a home this year with less than 10 per cent down, you can also plan for higher mortgage costs as of June 1, 2015. Canada Mortgage and Housing Corp. (CMHC) and Genworth Canada have announced that they are raising their mortgage insurance premiums by 15 per cent. CMHC increased its target capital requirements in mid-2014. The move isn’t expected to have a big impact on homebuyers’ pocketbooks or Canada’s housing markets, CMHC says. The higher premium would amount to an additional $5 per month for the typical borrower with a 95-per-cent loan-to-value ratio on a mortgage of $252,530. However, in Canada’s pricier markets, those monthly mortgage costs will inevitably be higher. In addition, the looming rise in mortgage costs could also
signal a busier-than-normal spring real estate market, as homebuyers try to beat the clock on the May 31 deadline. The increase in mortgage insurance premiums reflects concerns that Canadians are overextending their budgets by taking on more home than they can afford, leaving them in a tight spot when interest rates rise or at the slightest economic turn. Experts advise that homebuyers plan ahead, save their money and put down as much as possible, to avoid taking out a high-ratio mortgage. Homebuyers unable to save up this often hefty amount can still buy a home with a downpayment of less than 20 per cent, but federally regulated lenders require mortgage loan insurance, which covers them in case of payment default. The lender is responsible for the premiums and passes those costs on to the homebuyer in the form of a lump-sum payment, or more commonly, higher monthly payments. CMHC is Canada’s largest insurer of residential mortgages. Existing mortgages, high-ratio mortgages with more than a 10-per-cent downpayment, and mortgages on multi-unit properties will not be affected by the premium increase.
95% Loan-to-Value Loan Amount
$150,000
$250,000
$350,000
$450,000
Current Premium
$4,725
$7,875
$11,025
$14,175
New Premium
$5,400
$9,000
$12,600
$16,200
Additional Premium
$675
$1,125
$1,575
$2,025
Monthly Increase
$3.12
$5.20
$7.29
$9.36
Based on a five-year term at 2.79 per cent and a 25-year amortization
22 NEW CONDO GUIDE APRIL 11 - 25, 2015
LIVE HERE .
Be Everywhere. rooftop pool and bar stunning lake and city views minutes to the waterfront
Design-forward condos at front + Bathurst,
,* FROM the LOW $200 s Live connected in a community that’s your gateway to the very best of the city. Just steps to the waterfront, island airport, entertainment district and more.
register NOW!
#westsideto
MINTOWESTSIDE.COM
*Prices and specifications are subject to change without notice. Rendering is artist’s concept. E.&O.E.
GET YOUR SIZZLE ON.
MOVE IN THIS SUMMER WITH UP TO $25,000 CASH BACK. At The Station we’ve got it all. Three private Urbanas, the city’s first indoor/outdoor party rooms, complete with heated barbeque terrace. There’s an infinity edge pool, a complete gym and steam rooms, games room, and so much more to make this summer really sizzle. The Station requires only a 5% deposit that makes for easy ownership, plus you get up to $25,000 cash back when you purchase now.* Don’t get left in the freezing cold. Think summer. Think The Station. THE DEALS ARE SUMMERTIME HOT. VISIT OUR SALES CENTRE TODAY. SUITES FROM $299,900 / PENTHOUSE COLLECTION FROM $664,900.
WILSON SUBWAY
YORKDALE MALL
TIPPETT RD
ALLEN
RD
WILSON AVE
HWY.401 YORKDALE SUBWAY
416.398.9777 THESTATIONCONDOS.COM
On Tippett Road, south of Wilson Avenue / Mon to Wed 12-6pm Sat + Sun 12-5pm *Conditions apply. On select suites only. See sales rep for details. Prices, specifications and deposit structures are subject to change without notice. E. & O.E. Exclusive Listing Brokerage: The Condo Store Realty Inc., Brokerage. Brokers protected.
There's good, and there's Great Gulf.
LIVE AT YONGE AND RICHMOND. CITY, TOWER AND LOMBARD SUITES AVAILABLE.
Sales Centre 26 Lombard St. 416.499.8883 yongeandrich.com
Suites from
$330,000s
FINAL RELEASE OF SUITES AT DUNDAS AND JARVIS. NOW UNDER CONSTRUCTION.
Suites from
$309,990s
By Appointment 416.928.2223 pacecondos.com
LIVE ON TORONTO’S NEW BLUE EDGE, THE CITY’S NEXT GREAT WATERFRONT COMMUNITY.
Sales Centre 291 Lakeshore Blvd E 416.466.8885 mondecondominiums.com
Suites from
$320,000s
Live on Toronto’s New Blue Edge, the city’s next great waterfront community. SALES CENTRE 291 Lakeshore Blvd East 416.466.8885 mondecondominiums.com
A NEW LANDMARK IS UNDER CONSTRUCTION. CANADA’S MOST CONNECTED CORNER.
Suites from
$580,000s
By Appointment 416.922.0081 onebloor.com
Exclusive listing, Baker Real Estate Incorporated, Brokerage. Brokers protected. All illustrations are artists’ concept. Prices, sizes and specifications subject to change without notice. E.&O.E.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 25
1 Bedroom
747 sf.
$557,900
$517,900
ONLY 1 LEFT
Southampton 2 Bedroom
1137 sf.
$850,900
$800,900
SOLD OUT
Nottingham 2 Bedroom
1201 sf.
$904,900
$854,900
SOLD OUT
SITE
RD. ILL DM OL OLD MILL INN
JANE STREET
$ 1,188,900 $1,128,900 ONLY 1 LEFT
OLD MILL DRIVE
2 Bedroom + Den 1551 sf.
BLOOR STREET WEST
SITE
RD. ILL DM OL OLD MILL INN
BLOOR STREET WEST
JANE STREET
Lynngrove
OLD MILL DRIVE
Rotherham
COME HOME TO YORKVILLE LUXURY THIS SPRING.
EXQUISITE GRANITE COUNTERTOP
MOVE IN NOW
STYLISH UNDER VALENCE LIGHTING
UPGRADE TO A NEW STANDARD AT CHAZ YORKVILLE, WHERE WE’VE RAISED THE BAR
INNOVATIVE BACKSPLASH STORAGE
WITH STANDARD LUXURY APPOINTMENTS THAT TAKE SOPHISTICATED LIVING TO A NEW HIGH. THE PREMIUM IN-SUITE EXPERIENCE IS ONLY MATCHED BY THE INCREDIBLE BUILDING AMENITIES SUCH AS THE SPECTACULAR CHAZ CLUB ON THE 36TH AND 37TH FLOOR, HOTEL-STYLE LOBBY, LANDSCAPED COURTYARD AND MORE. ADD A FANTASTIC LOCATION, STEPS TO 2 SUBWAY LINES, UNIVERSITIES, MUSEUMS, RESTAURANTS, SPAS AND SALONS. THIS IS CHAZ YORKVILLE LIVING AT ITS MOST SUBLIME.
PREMIUM CARTIER KITCHEN BUILT-IN CABINET FRIDGE FOR A COMPLETE LIST OF THE MANY EXCEPTIONAL STANDARD FEATURES PLEASE VISIT CHAZYORKVILLE.COM
SOPHISTICATED YORKVILLE LIVING FROM THE $400’s
5% DEPOSIT* | UP TO $30,000 CLOSING CREDIT*
DUPONT ST. YORKVILLE AVE. SALES CENTRE
YONGE ST.
BAY ST.
AVENUE RD.
U OF T
CHURCH ST.
BLOOR ST.
45 CHARLES ST. E.
ISABELLA ST.
WELLESLEY ST.
SALES CENTRE AT 101 YORKVILLE AVE | SITE LOCATED AT 45 CHARLES ST. EAST MON. – THURS. & SAT. – SUN.: 12PM – 6PM, FRI & STATUTORY HOLIDAYS: CLOSED
CHAZYORKVILLE.COM | 416.922.0045
Exclusive Broker Baker Real Estate Inc. Brokers protected. Promotions and/or incentives expiry April, 24, 2015. *Speak to a sales representative for more details. Prices and specifications are subject to change without notice. Illustrations are artist concept. E&O.E.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 27
STAT CHAT
Don’t sleep on the Toronto condo market! By Ben Myers
I
n March I did a series of presentations on the Canadian and Toronto housing markets for Pro-Seminars, a firm that specializes in training and continuing education for financial services professionals. Other than one guy who fell asleep during my presentation, there is keen interest in what is happening in the national housing market, and strong interest from the financial services industry on how to capitalize on the strong market in Toronto. The Pro-Seminars presentation prior to mine pointed out that one of the life insurance companies has 30 per cent of their funds in their dividend account allocated toward real estate and mortgages. That stat definitely piqued the interest of those in attendance, as many didn’t think the share would be that high. I could tell that a lot of my points were resonating with the attendees as well, with nodding and note taking as my key indicator. One point of particular interest involved the probability of a housing market crash. I conducted a survey for my semiannual Market Manuscript report which indicated that about 63 per cent of domestic housing analysts believe there is less than a five-per-cent chance of a major housing correction in Canada over the next five years. I also pointed out that I have received a couple of calls from the media about builders pursuing the development of rental projects (a list that includes several of our partners), after many years of concentrating on condominiums only. Why? The average rent for apartments in Canada has increased for 25 straight years, the national vacancy rate has been below 3.5 per cent for 15 straight years, while demand has increased and more capital earmarked for ownership of completed rental projects. Institutional investors love rental real estate, a consistent track record of positive returns, even when the residential ownership market has been flat. During the presentation I briefly focused on condominium apartment rents in the Toronto area, as the highrise condo market is of great interest to many people. Unfortunately, very few folks understand what’s happening in the condominium investor market in Hogtown. According to Canada Mortgage and Housing Corp. and Urbanation Inc., rental rates for condominium apartments have increased by about 3.5 per cent annually 28 NEW CONDO GUIDE APRIL 11 - 25, 2015
since 2010 in the Toronto census metropolitan area. Despite the record number of units built over the past 12 months and the lower interest rate that encourages home ownership, there remains very strong rental market demand in the GTA. Despite many of the headlines, both institutional and private investors remain bullish on Canadian real estate – especially the Toronto apartment market. Perhaps you should consider owning an investment unit yourself? If you need some help with a condo purchase, I suggest speaking to Julie Barnard from our VIP sales group. Happy condo hunting.
Ben Myers is senior vicepresident of Market Research and Analytics at Fortress Real Developments. Ben assists in evaluating the market and projects that Fortress engages in. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/ news or follow him on twitter at @BenMyers29
PIONEERING
SUCCESS NOW
VISIONARY
CESSFUL ON GROUND BREAKINGVISION
SALE
PIONEERING SUCCESSFULICON ICONIC
ICONIC
PIONEERING
SUCCES
VISIONARY
GROUNDBREAK
UNDER ESSFUL ICONIC CONSTRUCTION
GROUNDBREAKING
SUCCESSFUL GROUNDBREAKING
ICONIC PIONEERING
SUITES FROM THE MID
200,000S
$
2-STOREY URBAN WALK-UPS FROM
539,300
$
A new landmark has arrived at the intersection of Eglinton Avenue & Erin Mills Parkway. Already a big success, DANIELS ERIN MILLS is the culmination of a pioneering vision that will redefine the concept of modern urban living. With Daniels Erin Mills, Mississauga has an iconic address for people to Love where they Live, Work, Play, Dine & More.
BE PART OF THE SUCCESS & VISIT THE PRESENTATION CENTRE TODAY! Backyard Farm & Market W
ER
E ’N LS ATIO NIE NT DA ESE E PR NTR CE
IN MI
S LL
LS MIL RE T IN ER CEN WN TO
N
RK PA
IT ED CR LEY L L A VA SPIT HO
Y WA
E NU S VE EL NA N I RI N TO DA E LLS N I L MI EG
Call or visit today danielserinmills.com | 905.306.6996 PRESENTATION CENTRE 2475 Eglinton Ave W MON, TUES & THURS 12-6PM • WEDNESDAY 12 NOON-8PM FRIDAYS CLOSED • SATURDAY, SUNDAY & HOLIDAYS 12PM-5PM
Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. Specifications are subject to change without notice. E.&.O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 29
30
31
CONDO PRO
Colour clues and cues By Barbara Lawlor
I
f you’ve purchased a new condominium or are still thinking about it, the colour selection appointment is something to look forward to in your road ahead. Here are three bits of advice that will help bring some colour (so to speak) to the whole process: 1. Keep an open mind when you go in to make your selections. Certainly, you should have some idea of what you would like, but your décor consultant can provide invaluable guidance for your builder’s designs. Bring in pictures of room scenarios you like, swatches of fabric, small items you would like to feature as focal points – anything that inspires you and gives your consultant a feel for your preferences.
Do some research before your colour selection appointment to find out what’s new and innovative in the way of finishes
2. If your condo suite is a stepping stone to a larger home someday, pay particular attention to the colour schemes you select. Translation: this isn’t the time or place to be bold. Instead, opt for neutrals that will appeal to future buyers. You can always introduce colour and personality into the rooms with furnishings, rugs and accessories.
suite someday, all things being equal between two choices, buyers will typically choose the suite with the better finishes.
3. Make your choices wise ones. Do some research before your colour selection appointment to find out what’s new and innovative in the way of finishes. If and when you go to sell your
At the end of it all, go with your gut and select the finishes that will make your suite feel like “home.”
Barbara Lawlor is president and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.
32 NEW CONDO GUIDE APRIL 11 - 25, 2015
MOVE IN THIS SPRING. SKY PENTHOUSE SUITES.
ONLY A FEW REMAINING Penthouse 203 PENTHOUSE SUITES. 1388 sq.ft. - 2 Bedroom Plus Den Residence
GIBSON SOUTH TOWER, PENTHOUSE 203, $930,990 - 1388 SQ.FT. KITCHEN COMES WITH BREAKFAST AREA AND FULL-SIZE APPLIANCES
TWO SPACIOUS BALCONIES
BALCONY
7'-3" 10'-3"
BALCONY
10'-9"
8'-3"
BREAKFAST BEDROOM 10'-9"
LIVING/DINING
10'-9"
KITCHEN
DEN
14'-0"
11'-3"
W.I.C. 11'-0"
W 22'-3"
D
13'-9"
MASTER BEDROOM
TWO FULL BATHROOMS 12'-9"
W.I.C.
SPACIOUS WALK-IN CLOSET IN BOTH BEDROOMS
ENTRY
Gibson Square Sky Penthouse Suites. Located on Yonge Street, in the heart of North York, Gibson Square is surrounded by a vibrant and cosmopolitan City Centre. A wealth of stores, restaurants, parks and recreation are all within a short stroll away. Easy access to Highway 401 and all points in the city are just minutes to the south. 07
06
01
05
02
03
PENTHOUSE
STARTING FROM $835,990 INCLUDING PARKING. The dimensions shown on this plan are approximate only. Actual useable floor space within the unit may vary from any stated floor areas or dimensions on this plan. For more information on the method used for calculating the floor area of any unit, reference should be made to Builder Bulletin No. 22 published by Tarion.
facebook.com/MenkesLife
@MenkesLife
The dimensions shown on this plan are approximate only. See sales representative for details. Prices and specifications are subject to change. E.&O.E. March 2015.
MOVE IN THIS SPRING. AMAZING VIEWS ARE IN SIGHT.
Condo Centre Hours :
SHEPPARD AVE. W.
N SUBWAY
MENKES CONDO CENTRE
FINCH AVE. E.
EMPRESS AVE. YONGE ST.
south of Mel Lastman Square
SITE PARK HOME AVE. BATHURST. ST.
4954 Yonge Street,
FINCH AVE. W.
SHEPPARD AVE. E.
Mon - Thurs 12-6pm, closed Friday, Sat & Sun 12-5pm
416.730.9722 I menkes.com
HWY. 401
GLENDORA AVE.
BAYVIEW AVE.
Visit the Menkes Condo Centre today.
YOUR LIFE STOREY STARTS HERE.
Coming Soon Yonge & Eglinton, Toronto Register now at menkes.com
Construction Starting Peter & King, Toronto Starting from $281,990 416.591.7700
Construction Starting Church & Carlton, Toronto Starting from $241,990 416.591.7700
Under Construction York & Harbour, Toronto Starting from the mid $300’s 416.591.7700
Under Construction Richmond & Spadina, Toronto Starting from the mid $300’s 416.591.7700
Move In This Summer Avenue & Davenport, Toronto Starting from $420,000 416.323.0100
Move In This Spring Yonge & Park Home, North York Starting from $835,990 416.730.9722
New Release Evans Ave. + Brown’s Line, Etobicoke Starting from the mid $500’s 416.259.2525
Register your interest at menkes.com facebook.com/MenkesLife
@MenkesLife
Prices and specifications are subject to change. E.&O.E. March 2015. 24473
PURE PASSION. PURE PLAZA. ONE OF TORONTO’S TOP CONDOMINIUM BUILDERS WITH OVER 3,200 SALES IN THE LAST THREE YEARS.
PLAZA COMMUNITIES: MOVE IN NOW
NOW OPEN
King West - Building Now Registered: 65, 75, 85 East Liberty St., Toronto Sales Office Located at 125 Western Battery Rd. 647.341.1731 The Tower - Building Now Registered: 125 Western Battery Rd., Toronto Sales Office Located at 125 Western Battery Rd. 647.341.1731 York Harbour Club 35 Bastion Street & 38 Grand Magazine Street, Toronto Sales Office Located at 24 Grand Magazine Street 416.214.4517 Ivory on Adelaide 400 Adelaide St. East, Toronto Sales Office Located at 125 Western Battery Rd. 647.341.1731 Edge 2-6 Lisgar Street, Toronto Sales Office Located at 1151 Queen Street West 416.516.5848
NOW UNDER CONSTRUCTION EPIC - Occupancy Date January 2015: 48 Abell Street, Toronto Sales Office Located at 1151 Queen Street West 416.516.5848 Musée - Occupancy Date July 2016: Pre-construction Pricing 525 Adelaide Street West, Toronto Sales Office Located at 50 Wellesley St. East 416.862.0888
NOW OPEN 50 at Wellesley Station - Occupancy Date June 2017: 50 Wellesley St. East, Toronto Sales Office Located at 50 Wellesley St. East 416.862.0888 1 Yorkville - Occupancy Date January 2018: 1 Yorkville Ave., Toronto Sales Office Located at 162 Cumberland St. 416.519.2911
COMING SOON The Met at Vaughan Metropolitan Centre Vaughan across from the NEW TTC Subway Station 170 Spadina at Queen Toronto Theatre District Toronto Presentation Centre Hours: Mon–Thurs: 12pm–6pm Fri: Closed Weekends & Holidays: 11am–5pm
Keep updated by following us: Brokers protected. Prices, sizes and specifications subject to change without notice. E.&O.E.
5%
On signing In 180 days In 270 days On occupancy
1 Bedroom + Den from $369,000 2 Bedrooms from $425,000
IN THE NEWS
Cash Grab Event attracts even more excitement to Centro Square Condos
T
he Centro Square sales centre was a hotbed of activity on the weekend of April 4 and 5, as excited homebuyers literally grabbed at their chance to win up to $20,000 toward the purchase of a suite at Centro Square Condos, plus earn eight per cent interest on their deposit for a limited time. The aptly named “Cash Grab Event� was hosted by Liberty Development Corp. at the sales centre, located at 7887 Weston Rd. in the heard of Woodbridge, where a money machine took centre stage with CHIN Radio broadcasting live to report on the action. And action abounded, as homebuyers took their place in the whirlwind of Centro Dollars, and did their best to catch the highest denomination of dough in 30 seconds. Setting the tone of excitement, the very first entrant managed to snag a $20,000 jackpot (pictured right, bottom), bringing him a step closer to ownership at this prime master-planned community. Centro Square Condos is located at the coveted corner of Weston Road and Hwy. 7, just steps to great shopping, dining, schools, parks, transit and more. Now previewing suites in Phase 2 of the development. For more information, call 905.851.8877 or visit libertydevelopment.ca/centrosquare 34 NEW CONDO GUIDE APRIL 11 - 25, 2015
HIGHWAY 404
HIGHWAY 7
HIGHWAY 400
WESTON RD.
*Vendor will pay simple interest at a rate of 8% per annum, and such interest amount shall be calculated from the date the full 15% deposit is received until: (i) 12 months from such 15% deposit satisfaction and (ii) occupancy of the unit, whichever is earlier, which amount shall be credited on successful closing. Subject to change. Restrictions apply. See Sales Representative for details. E. and O.E.
HIGHWAY 427
BROUGHT BACK BY POPULAR DEMAND
HIGHWAY 407
STEELES AVE.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 35
Grand Opening Visit us Today!
FINAL PHASE
AT BATHURST & CENTRE ST. 5-acre Park | Rooftop Terrace Party Room | Grand Lobby
Urban Condos from the mid $260’s READY!
TTC/VIVA
STEELES AVE W.
YONGE ST.
CENTRE ST.
BATHURST ST.
407 BEVERLEY GLEN BLVD.
Sales Centre on Beverley Glen Just West of Bathurst Bathurst & Centre Street
LegacyParkCondos.com | 905-731-8302
* Limited time offer, restrictions apply. On select units. Prices do not include parking. See Sales Representative for details. All illustrations are artist’s concept only.
© 2014 Liberty Development Corporation. rights reserved. Brokers protected. * Limited time offer, restrictions apply. On select units. 24 month program. Subject to deal going firm. See Sales Representative for details. All illustrations are artist’s concept only. © 2014 Liberty Development Corporation. All rights reserved. I.E.&O.E.AllBrokers protected.
36 NEW CONDO GUIDE APRIL 11 - 25, 2015
IMMEDIATE OCCUPANCY
ONLY
5% DOWN PAYMENT
RICHMOND HILL
DANFORTH AVE.
$284,000 LIVE FROM
$302,900 LIVE FROM
$253,000 LIVE FROM
READY!
HWY 407
READY!
DA NF ORT H
RD .
LESLIE ST.
BAYVIEW AVE.
AVE .
BAYVIEW AVE.
DON CAS TER
YONGE ST.
STEELES AVE.
HWY 7
E. IA AV SCOT
READY!
. AVE DEN WAR
JOHN ST.
ROCKWELL RD.
YONGE ST.
N
AVE. ORTH DANF
7163 Yonge St., Unit #124
370 Hwy. 7 East, Unit #113
3520 Danforth Ave.
WorldOnYonge.ca | 905-771-7010
RoyalGardensCondos.ca | 905-889-9997
TerraceOnDanforth.ca | 416-987-7575 . AVE DEN WAR RD .
DA NF ORT H
E. IA AV SCOT
www.MyLibertyCondo.ca N
*As per price list. Limited time offer. Offer based on a select number of units. Price, information and program subject AVE.to ORTH DANFcations and change without notice. For qualified buyers on approved credit. All renderings are artist’s concept. Prices, specifi availability subject to change without notice. E&O.E. Brokers protected. See Sales Representative for details.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 37
IN THE NEWS
PLANS UNVEILED FOR FORMER GUVERNMENT ENTERTAINMENT COMPLEX
T
he Daniels Corporation’s senior vice-president Tom Dutton, Mayor John Tory, internationally recognized urban design expert Ken Greenberg, and leading Toronto arts and cultural organizations have unveiled plans for Daniels Waterfront – City of the Arts, a sweeping reimagining of the former Guvernment entertainment complex at Toronto’s East Bayfront, located at the corner of Lower Jarvis Street and Queens Quay East. The ground-breaking new community, which is one of the first private-sector developments within the city’s East Bayfront, will be the first to be built on privately owned land, at a projected total cost of $700 million. This dynamic new community, at the gateway to East Bayfront, will become a fully connected destination that will enhance Toronto’s position as an internationally recognized city of arts, culture and innovation, be home to a broad spectrum of media platforms, and will nurture established and start-up businesses and artists. The Daniels Corporation has a legacy of creating landmark communities such as TIFF Bell Lightbox and Festival Tower at King and John Streets, as well as Daniels Spectrum and the Regent Park Revitalization in Toronto’s Downtown East. The organization champions investments in the arts, social programs and innovationfocused projects, and includes artistic components within all of their communities. The Guvernment Nightclub was an iconic entertainment venue that helped many artists get their start. It’s fitting that Daniels’ vision for this new community pays homage to the site’s artistic roots and expands on that tradition with the introduction of leading arts and cultural organizations that will anchor the ‘City of the Arts’ in the coming years. They include Artscape, a non-profit development organization that makes space for creativity and transforms communities; talent management firm Last Gang Entertainment; Manifesto, a non-profit organization responsible for one of Canada’s largest celebrations of continued on pg.40
38 NEW CONDO GUIDE APRIL 11 - 25, 2015
DANIELS IS CHANGING THE
WATERFRONT
THE EVOLUTION OF ART, CULTURE, INNOVATION & LIFE. INTRODUCING...
FOREVER An icon of the past gives way to a landmark of the future on Toronto’s Waterfront. This fall, The Daniels Corporation will unveil Lighthouse Tower at Daniels Waterfront – City of the Arts, a master-planned, mixeduse community surrounded by creativity, inspired by arts and culture, and driven by innovation. This visionary gateway to the East Bayfront, where Lower Jarvis meets Queens Quay, will introduce a new era of living, offering residents panoramic lake and city views, exceptional amenities, luxurious suites, and endless conveniences at your doorstep, including Sugar Beach North, a beautiful promenade featuring retail and public art, linking to Canada’s iconic sandy Sugar Beach to the south.
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Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice. E.&.O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 39
IN THE NEWS continued
hip hop culture; The Remix Project, a non-profit that helps under privileged youth launch careers in the creative sector, and entertainment law firm Taylor Klein Oballa LLP, which is one of Canada’s leading entertainment law firms, representing music royalty from Gordon Lightfoot to Drake. Daniels Waterfront – City of the Arts is bordered by Lakeshore Boulevard to the north, Richardson Street to the east, Queens Quay to the south, and Lower Jarvis Street to the west. Daniels’ vision is taking the ongoing revitalization of the eastern waterfront to the next level, with a 1.32-million-sq.-ft. ‘live-workplay-learn-create’ community that combines office, retail, residential, academic and cultural components within two phases on the site. Plans for Phase One (south parcel): » 280,000 sq. ft. of commercial office space in two towers that will house mainstream businesses, including The Daniels Corporation’s headquarters. » 150,000-sq.-ft. ‘Creative Industries Hub’ for leading arts and cultural organizations. » 27,000 sq. ft. of retail space, including an RBC branch, as well as local and national brand stores, restaurants and coffee shops. Plans for Phase Two (north parcel): » 650,000 sq. ft. of residential space, with more than 900 suites in two towers. » 240,000 sq. ft. of post-secondary academic space in conjunction with George Brown College and OCAD University, who are considering a potential collaboration on a centre for innovation and commercialization within this community.
Daniels enlisted architects Giannone Petricone Associates Inc. to design the academic component and the two residential towers, and RAW Design to create the office and retail components. Internationally celebrated urban design expert Ken Greenberg of Greenberg Consultants was engaged to establish urban design and public realm principles to ensure that Daniels Waterfront – City of the Arts will be a landmark gateway to the East Bayfront. Claude Cormier + Associates, landscape architect for Canada’s Sugar Beach, has designed Sugar Beach North at Daniels Waterfront. This extension of Sugar Beach will be an active public amenity for outdoor gatherings of music, dance and celebration. Uniting the north and south parcels of the site will be another important public amenity called ‘The Yard,’ an east-west pedestrian connection between Lower Jarvis and Richardson Streets that takes its inspiration from London’s trendy Brick Lane neighbourhood, and will include retail, cafés and restaurants, and feature festivals and special events. Daniels Waterfront – City of the Arts is connected to the past and to the future, to the lake, to the city, and most importantly to the arts. Demolition of the Guvernment nightclub is nearing completion, and construction on the south parcel is scheduled to begin this May, with the first commercial office tenants slated to take occupancy in spring 2018. The 48-storey Lighthouse Tower will be released for sale this fall.
For more information visit danielshomes.ca 40 NEW CONDO GUIDE APRIL 11 - 25, 2015
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GET YOUR TICKETS NOW ON ARTSCAPESALON.CA Artscape (Artscape.ca) is a not-for-profit urban development organization that makes space for creativity and transforms communities. Since 1986, Artscape has become recognized as an international leader in creative placemaking, developing and managing unique cultural facilities—including community cultural hubs, multi-purpose creative spaces and artist live/work projects—and delivering programs and services that promote creativity and cultural space development. Help keep arts and culture at the centre of city building in Toronto! All proceeds raised at Artscape Salon provide vital support to Artscape’s charitable activities. Core Media Sponsor
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IN THE NEWS
East United: A fresh face for Toronto’s historic east end
I
nspired by an aversion to conformity and the diversity of Toronto’s vibrant east end, a new condo is coming to the corner of Berkeley and King. And with a name like “East United,” the clear objective was to create a cohesive vision merging the distinct character of the surrounding neighbourhoods. Surrounded by the colourful St. Lawrence Market, the historic Distillery District and the fashion-forward King East Design District, East United is under development by SigNature Communities, Berkshire Axis Development and Andiel Homes. The building will include retail and office space, 279 residential units, and six two-storey townhomes located along the pedestrian mews on the south end of the building, which will connect Parliament and Berkeley. East United was designed to reflect the area’s heritage allowing it to seamlessly integrate into the surrounding neighbourhood. The five-storey podium is emblematic of the industrial buildings to the south, and rising from it is a sleek 21-storey glass tower. According to Sebastian Mizzi, vice-president of SigNature Communities, “Every last detail in this project has been inspired by the east end. From the design, to the amenities, to the conscious way we build, it’s all about delivering a new level of excellence to our favorite side of the city.” In terms of aesthetics, the suites mirror Toronto’s very best east-end neighbourhoods. Buyers can choose between a rustic, earth-toned look that is symbolic of the Distillery District; the sleek, more minimalist look of the Design District; or they can go for a quirky look reflective of the St. Lawrence Market. Those who
48 NEW CONDO GUIDE APRIL 11 - 25, 2015
enjoy different aspects of all these neighbourhoods can mix and match to create a suite that is perfectly suited to their tastes. The building also features some impressive amenities including a yoga lounge, private dining room and event space connected to a jam room. The building also boasts a rooftop patio that includes lounge seating, fire pits and an outdoor theatre. With all the development taking place east of Yonge, such as the revitalization of the West Donlands as well as the East Bayfront Area, East United is just one more reason to love Toronto’s east end.
For more information, register today by visiting the website at eastunitedcondos.com
HOMEBUYERS’ HELP
Condo hunter’s checklist WHEN SHOPPING FOR YOUR DREAM CONDO, CARRY THIS LIST WITH YOU AND TAKE NOTES TO HELP YOU REMEMBER WHAT YOU SAW, AND WHERE!
CONDO #1
CONDO #2
CONDO #3
CONDO #4
Project & address:
Project & address:
Project & address:
Project & address:
Salesperson:
Salesperson:
Salesperson:
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Phone:
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Developer/builder:
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Developer/builder:
Developer/builder:
Type:
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Type:
midrise highrise
townhome conversion
midrise highrise
townhome conversion
midrise highrise
townhome conversion
midrise highrise
townhome conversion
Sq. ft.:
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Interior appliances:
Interior appliances:
Interior appliances:
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Options:
Options:
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Parking facilities:
Parking facilities:
Parking facilities:
Parking facilities:
Special incentives:
Special incentives:
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Price:
Price:
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Down payment:
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Down payment:
Down payment:
Condo fees:
Condo fees:
Condo fees:
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Financing available:
Financing available:
Financing available:
Financing available:
Other comments:
Other comments:
Other comments:
Other comments:
APRIL 11 - 25, 2015 NEW CONDO GUIDE 49
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APRIL 11 - 25, 2015 NEW CONDO GUIDE 53
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Q&A
Jennifer Keesmaat, CHIEF PLANNER, CITY OF TORONTO, TALKS LIFE AND REAL ESTATE By Wayne Karl
F
ew people around Toronto City Hall have the profile – and pressure – of Jennifer Keesmaat. As chief planner, Keesmaat is charged with overseeing the City’s Official Plan – which these days involves the development and transit expansion that shape our city, streets and neighbourhoods. Monumental tasks, to be sure. Now, that’s pressure. The profile comes from the fact the former urban design consultant is very active on social media. She maintains an official blog and is a frequent flyer on Twitter, to articulate on the issues and educate on the processes. More than just an advocate of density and walkability, Keesmaat practices what she tweets. NewHomeAndCondoGuide.ca sat down with Keesmaat to get her thoughts on urban planning, transit, and other things real estate.
58 NEW CONDO GUIDE APRIL 11 - 25, 2015
continued on pg.60
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59
Q&A continued
One of our key objectives in our Official Plan is to “move less.” We recognize the need to plan the city in such a way that it is possible to walk, cycle or take a short transit ride from home as part of both working and playing. In some parts of the city, land uses have been segregated, facilitating reliance on vehicles. NH&C: The Economist recently named Toronto as the most “livable” city in the world, though it doesn’t seem they took transit and commute times into consideration – factors you cite as seriously affecting our quality of life. How do you think Toronto would rank, giving those factors due consideration? Keesmaat: There is no doubt that our movement systems are antiquated and compromising our quality of life. Commute times on transit and in vehicles are trying, to say the least. As cities urbanize, inevitably they confront the need to invest significantly in transit, cycling and creating a higher-quality pedestrian realm, particularly for pedestrians. We are struggling through this transition – but I believe we’ll get there. One of our key objectives in our Official Plan is to “move less.” We recognize the need to plan the city in such a way that it is possible to walk, cycle or take a short transit ride from home as part of both working and playing. In some parts of the city, land uses have been segregated, facilitating reliance on vehicles. We are trying to remediate this by planning our land uses differently. So we need to be really strategic with our infill development, to ensure it is located and designed to facilitate walkable communities. NH&C: You have said midrise development, transit and the waterfront are key areas of focus for the city and you, as chief planner. How much progress are you making in each of those areas? In 10 to 15 years, say, how will they have improved? Keesmaat: On transit: We are making progress, although it may seem slow. We have significant transit investments underway in the city – 19 kilometres of LRT is being built right through the heart of our city, and the Yonge Line is being extended to the north, as we speak. We are also 60 NEW CONDO GUIDE APRIL 11 - 25, 2015
working aggressively to bring the next iteration of transit to life: SmartTrack, the Relief Line, Finch and Shepherd LRTs and the Scarborough subway. The challenge is, we are so far behind, it is going to be some time before these investments begin to have an impact on movement in the city. Midrise development – between six and 11 storeys – is a really a critical piece of the puzzle for our city. We have lots of gaps to fill where we have existing infrastructure and amenities, but under-developed sites. Midrise can be accommodated in such a way as to add amenities within walking distance of existing, single-use communities, particularly in our suburbs, where it is currently possible to get anywhere only by car. So building our midrise development is inextricably linked to making our city more walkable and reducing traffic congestion. We have more than 60 projects under development today – which is great – but we are reviewing our guidelines to unlock some of the smaller, trickier sites. NH&C: Development charges are often cited by builders as one of the chief causes of rising prices of new homes and condos in Toronto. They argue that the fees are rising arbitrarily and unchecked, and that, as a result, new-home buyers are paying more than their fair share for new infrastructure. Put this into perspective for us. Keesmaat: Development charges are meant to be a “user fee” to ensure that new development pays for the municipal services that will be required as a result of the impact of the new development. However, we are not in a full cost recovery situation yet, and many municipalities are striving to better align revenues with true costs. One of the reasons many municipalities have big operating and capital deficits is as a result of under-charging for development. Getting our pricing right is an important continued on pg.62
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APRIL 11 - 25, 2015 NEW CONDO GUIDE 61
Q&A continued
part of creating a city that is sustainable. Not doing so tends to incentivize urban sprawl, at significant longer term operating cost to cities. This is something we know how to fix, and something we should fix. NH&C: Homebuyers today have some serious decisions to make, weighing considerations for affordability, housing type, location and commute to work. What insight or advice would you give them in terms of where or what to buy? Keesmaat: Think carefully about the quality of life tradeoffs that matter most. If you hate the idea of a long commute, are you willing to pay a bit more for a smaller home that is near transit and in a walkable community? It is important to think in terms of household costs, rather than simply the cost of housing. When we shift our thinking to household costs, adding the cost of travel to our decision-making, we get a truer picture of the implications of living in different places in the city. NH&C: How do you commute to work? Keesmaat: Just before the birth of my second son, I moved to a smaller house that cost more than the house I was in, in order to be near rapid transit. I now take the TTC to work every day, which would be fabulous if it wasn’t so crowded. I also try to bike regularly when the weather gets better, and depending on my schedule. I also end up driving three or four times a month, depending on the demands of my family or where I need to be in the region. NH&C: What’s your favourite neighbourhood in the city? Keesmaat: Honestly, there are many places I love. I don’t have just one favorite neighbourhood. Toronto offers so many great places to live. I’ve lived in Etobicoke, High Park, in midtown, and I went to school in North York. But I fully expect to move around a bit more before I am through with this city! NH&C: Please complete this sentence: “What I love most about Toronto is…” Keesmaat: The energy, the people. I lived in Vancouver for a few years and I was dreading moving to Toronto, but when I arrived I immediately felt at home. I love that you can come to Toronto from anywhere in the world and you are instantly a Torontonian. Toronto is changing so rapidly, its challenges are so intense, it’s tough not to get caught up in it. Cities have moments: I believe this is ours. We are really beginning 62 NEW CONDO GUIDE APRIL 11 - 25, 2015
to cultivate our cultural institutions in new ways, our universities excel, our parks, ravines and open spaces make the city liveable, we actually have a restaurant “scene”, and we are a great city for entrepreneurs. All these factors make Toronto wonderful to me. NH&C: You’re from Hamilton, a city undergoing a transformation of its own, with similar but different challenges than Toronto. How is that city doing with it? Keesmaat: There is a burgeoning excitement in Hamilton, driven by a growing community of urbanists and creative types who are really committed to making Hamilton a unique and liveable place. For the first time in a long time, private-sector investment is returning to the core. This is great! My hope is that Hamilton can learn from our mistakes and build the transit investments it needs before it becomes a crisis point. Hamilton has ambition, and it’s going to be fascinating to see how that translates into creating great places to live and work.
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IN THE NEWS
World-renowned designer Karl Lagerfeld celebrates his first Canadian collaboration
Karl Lagerfeld with Art Shoppe Lofts + Condos partners Todd Cowan and Jordan Dermer of CD Capital Developments, and Peter Freed of Freed Developments
F
ashion icon Karl Lagerfeld arrived at the Art Shoppe Lofts + Condos on Wed., April 1 to celebrate his unique collaboration with Freed Developments and CD Capital Developments. ‘Lobbies by Lagerfeld’ will showcase the designer’s hand-picked selections, signature style and exceptional eye for detail in two residential lobbies at this highly anticipated new condo project coming to the Yonge and Eglinton neighbourhood. Lagerfeld is working with the developers and alongside the architects at architectsAlliance and Janet Rosenberg & Studio, and interior design firm Cecconi Simone. “It’s interesting to design public spaces in a big building like this. It’s a vision – you can use modern furniture, modern architecture, things I’m really interested in. It’s up to me to find an idea of what will make this building different from the other buildings. The minute you enter, you have to feel that you’re in a place that’s special,” Lagerfeld said of his first foray into the real estate realm. 64 NEW CONDO GUIDE APRIL 11 - 25, 2015
Hosted by Peter Freed, president of Freed Developments, Jordan Dermer and Todd Cowan, managing partners of CD Capital Developments, guests of the red carpet event were welcomed into the glamorous presentation centre complete with crystal chandeliers, Perrier Jouet champagne and music courtesy of New York City model and DJ Leigh Lezark of The Misshapes. “We’re thrilled to welcome Karl Lagerfeld to Canada, as together with his design of the lobbies of the Art Shoppe Lofts + Condos, we will create a world-class address,” said Freed. “We are excited to share Mr. Lagerfeld’s creative vision, as he brings a strong element of art and design that Canadians will greatly appreciate and look forward to,” said Dermer. “As Yonge and Eglinton is one of the largest and busiest hubs in the GTA, the Art Shoppe Lofts + Condos will provide residents in this area with a landmark address and retail destination,” added Cowan. The Art Shoppe Lofts + Condos at 2131 Yonge St. will feature a 28-storey tower on the north side of the property, stepping down to a 12-storey midrise of lofts to the south. Suite options will range from studios to two-bedroom-plus-den designs. On April 25, the public is invited to visit the Art Shoppe Lofts + Condos for the grand opening of the presentation centre. For more information about the Art Shoppe Lofts + Condos, please visit artshoppecondos.com
grand opening Saturday, April 25th
YONGE ST.
EGLINTON AVE.
Soudan Ave.
Hillsdale Ave. E.
Lofts + Condos on Yonge at Eglinton from the $200s Presentation Gallery 2131 Yonge Street, at Hillsdale Ave. E. 416.487.7373
Be part of the transformation Register at ArtShoppeCondos.com *Registered trademark of Art Shoppe Limited. 2131 Yonge Developments GP Limited is an authorized licensee of such trademark. Exclusive listing: Private Service Realty Limited, Brokerage. Brokers protected. Prices and specifications are subject to change, E. and O.E.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 65
CONDO PROFILE
LOTUS CONDOMINIUMS
Chestnut Hill Developments brings boutique luxury to Bayview and Sheppard
A
beautiful new lotus is about to bloom in the prestigious Bayview Village neighbourhood in North York. Now in the preview stage, Lotus Condominiums is a refreshing new statement of urban elegance, located right at Bayview and Sheppard, and just steps to a wide array of shopping, dining, culture, schools, libraries, community centres and family amenities. Lotus Condominiums offers a whole new concept of luxury living with sleek, designer-inspired suites and impeccable finishes. Located right across from Bayview subway station, Lotus Condominiums is all about convenience and easy accessibility. Walk a few steps to the subway and be downtown in just minutes. With fast and convenient access to Hwys. 401, 404 and DVP, the city is at your doorstep. For the finest in upscale shopping and dining, walk across
66 NEW CONDO GUIDE APRIL 11 - 25, 2015
to Bayview Village, featuring the renovated Pusateri’s Fine Foods, Loblaws, Indigo, Oliver and Bonacini Café and Grill, Restoration Hardware and so much more. Families will appreciate the close proximity of several schools, libraries and community centres within easy reach. Public and separate schools serving the area include Elkhorn Public School, Bayview Middle School, St. Gabriel’s Catholic Separate School, Earl Haig Collegiate, St. Joseph’s Morrow Park Secondary School, Loretto Abbey and Brebeuf College School. For post-secondary
continued on pg.68
NOWPREVIEWING! PREVIEWING! NOW Visitthe theSales SalesCentre CentreToday! Today! Visit Sales Centre located at 500 Sheppard Ave. East Sales Centre located at 500 Sheppard Ave. East Northwest corner of Bayview & Sheppard Northwest corner of Bayview & Sheppard
lotuscondos.caoror416.222.8338 416.222.8338 lotuscondos.ca
NO Visit the Sales Centre
Northwe
lotuscond
CONDOS AT BAYVIEW & SHEPPARD ACROSS FROM THE SUBWAY from $298,900 CONDOS AT BAYVIEW & SHEPPARD ACROSS FROM THE SUBWAY CONDOS from $298,900 AT BAYVIEW & SHEP Located across from Bayview subway station and Bayview Village Shopping Centre, Lotus Condominiums offers a
Located across from Bayview subway station and Bayview Village Shopping Centre, LotusLocated Condominiums across from offers Bayview a subway sta whole new concept of luxury living with sleek, designer-inspired suites and impeccable finishes. whole new concept of luxury living with sleek, designer-inspired suites and impeccable fiwhole nishes.new concept of luxury livin
The Best Location The Best Location AtAt
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BAYVIEW&&SHEPPARD SHEPPARD BAYVIE BAYVIEW Sales Office Sheppard Ave. E. Kenaston Gardens
Sales Office
Bayview Subway
Bayview Ave.
Bayview Ave. Kenaston Gardens
Bayview Subway
Sheppard Ave. E. Building Site
Building Site
Mon - Thurs 12-7pm Mon Friday - ThursClosed 12-7pm SatClosed & Sun 12-5pm Friday Sat & Sun 12-5pm
SALES CENTRE LOCATED 500 SHEPPARD AVE. EAST SALES CENTRE LOCATED ATAT 500 SHEPPARD AVE. SALES EAST CENTRE LOC
EXCLUSIVE BROKERAGE: IN2ITION REALTY INC. BROKERS PROTECTED. *PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E.&O.E EXCLUSIVE BROKERAGE: IN2ITION REALTY INC. BROKERS PROTECTED. *PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. EXCLUSIVE ILLUSTRATIONS BROKERAGE: ARE ARTIST’S IN2ITIONCONCEPT. REALTY INC. E.&O.E BROKERS PROTECTED. *P
CONDO PROFILE continued
education, Seneca College is a short bus ride away. Plus, the various art, culture and cuisine amenities on Yonge Street are just a short drive or bus ride away. At Lotus, design and form come together in beautiful harmony. A boutique building at the southeast corner of Bayview and Sheppard, Lotus captivates you with its graceful contemporary architecture and spacious balconies. Residents and visitors are greeted on entry by a 24-hour concierge in the magnificent lobby lounge. This is a calm and serene space surrounded by tall expanses of glass, where you can rest a moment and exchange pleasantries with your neighbours before heading up to your suite. State-of-the-art security systems in all building and parking areas provide complete peace of mind. Enjoy a full complement of lifestyle amenities on two levels. The ground-floor amenities include a chic and elegant party lounge and dining room, the perfect setting to celebrate a special occasion with friends and family. The party space spills out onto an outdoor terrace lounge with bar. A state-of-the-art fitness centre equipped with the latest cardio and exercise machines helps you stay in shape. Balance mind, body and spirit in the adjoining 68 NEW CONDO GUIDE APRIL 11 - 25, 2015
yoga studio. The ninth-floor outdoor terrace and lounge is another great social amenity, perfect for summer entertaining. Choose from a wide array of suite designs, from efficient studios to modern one and two bedrooms with dens. Every suite comes with either a balcony or a terrace, extending your personal space to the great outdoors. Ground-floor suites have spacious terraces with a gas barbecue connection. Interiors are crisp, fresh and contemporary, with a focus on stylish living that’s rich in urban flair and detailed with exquisite features and finishes. Soaring nine-, 10- and 12-ft. ceiling heights, expansive glass windows and bright open-concept layouts offer an ambience of spacious luxury. Flowing spaces maximize form and function, sleek kitchens come with upscale counters and designerselected cabinetry. Luxury living has never been so desirable. Lotus is another signature condominium from Chestnut Hill Developments, renowned for designing and building visionary communities that stand the test of time. For over 30 years, Chestnut Hill’s solid reputation for prime location, design and value has earned them the trust of thousands of homeowners. Chestnut Hill’s vision includes meticulous attention to detail, superior features, exciting amenities and excellent craftsmanship, using the latest in technology and design advancements.
Lotus Condominiums is now previewing. Suites start from the low $300’s. Visit the presentation centre at 500 Sheppard Ave. E. (northwest corner of Bayview and Sheppard). Call 416.222.8338 or visit online at lotuscondos.ca.
ONE STEP CLOSER TO EVERYTHING Still in pre-construction, One is the first, landmark residential tower of The Kip District community and your opportunity to make the investment of a lifetime. Located at Kipling and Dundas, this new community of five sleek towers will share a central park, shopping and The Kip Club, a members only, truly awesome amenity centre! All just minutes from some of Etobicoke’s nicest parks, shopping, schools, groceries and transit. PRE-CONSTRUCTION PRICES START AT JUST $232,900
Visit the Sales Centre Today! 5143 Dundas St. West TheKipDistrict.com | TheKip@ConcertProperties.com Rendering is artist’s concept. Prices, availability, design and specifications subject to change without notice. E.&O.E. April 2015.
IN THE NEWS
A soft landing for Canada’s condo markets By Lydia McNutt
C
anada’s booming condo markets are gearing up for a soft landing, though some will land a little harder than others according to the latest Conference Board of Canada condo report recently released by Genworth Canada. The report points to varying economic conditions nationwide as the reason behind regional variances, including Toronto and Vancouver as leaders in GDP growth, and weaker economic conditions in Calgary and Edmonton. Despite the dip in the Prairies, the report shows all eight major Canadian markets studied – Victoria, Vancouver, Edmonton, Calgary, Toronto, Ottawa, Montreal and Quebec City – will experience decent population growth to support continued growth in condo sales and prices. 70 NEW CONDO GUIDE APRIL 11 - 25, 2015
Bursting bubble? Not this year! Those who were forecasting a condo crash in hotterthan-hot cities like Toronto and Vancouver are in for a surprise. “From a national perspective, these findings support an overall balanced outlook on Canada’s condo market for 2015, with the exception of certain oil-exposed regions,” says Stuart Levings, president and CEO of Genworth Canada. “We continue to see evidence that population growth and employment remain key drivers of demand for condos in urban centres.” With demand still there for those downtown dwellings in the sky, prices will continue to rise in 2015, but at a more moderate pace than seen in years past with the exception of Alberta, where prices will drop in line with economic activity. “While the health of apartment condominium markets varies significantly by region, nowhere do we see a bubble about to burst,” says Robin Wiebe, senior economist at the Centre for Municipal Studies at The Conference Board of Canada.
continued on pg.72
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IN THE NEWS continued
Canada’s resale condo price predictions for 2015-16: 2015: +4.5% 2016: +2.3%
Victoria’s condominium market will reflect a positive economic outlook and modest job growth. Sales and price growth will remain mild by recent standards, but will continue. Large inventories of unsold condos will keep starts low.
2015: +2.1% 2016: +2.8%
Vancouver will experience continued sales and price growth in 2015, buoyed by offshore demand. But in the face of high inventory, starts will remain slow.
2015: -4.6% Edmonton’s 2016: -0.6% condo market will experience declining sales and prices in 2015. The depth and duration of the market’s downturn will directly depend on oil prices.
2015: -3.3% Calgary’s 2016: -1.1% oil slump will lead to declines in GDP and employment in 2015, and in turn, housing demand, prices and starts as the market adjusts to this rapidly shifting economic landscape.
2015: +0.8% Québec City 2016: +1.4% is looking up in terms of sales growth, modest price increases and modest condo starts after two straight years of decline.
2015: +1.3% Ottawa’s improving 2016: +2.6% economy will prompt sales and prices to edge up in 2015, yet off the pace set earlier in the decade. Starts too are expected to jump by almost 10 per cent in 2015 after two years of decline.
2015: +1.9% Toronto’s healthy population, GDP and employment 2016: +1.7% outlook are contributing to a rise in housing demand,
2015: +2.5% Montréal’s economic 2016: +2.2% challenges, rising supply
sales and prices, although gains will be moderate compared to years past and starts will decline for a third consecutive year, reducing the chances of a significant market correction.
and falling demand will result in only moderate price increases and possibly, a slight market correction. Source: Conference Board of Canada
72 NEW CONDO GUIDE APRIL 11 - 25, 2015
When the subway is next door and Bayview Village is across the street... the address is Vida.
COMING SOON Condos at Bayview Village from $199,990 Introducing Vida. Inspired condominium living, next to the subway, across from Bayview Village, with all the elements of the good life.
Live Life Connected. Register at vidacondos.com • 416.304.1212 Exclusive Listing: Baker Real Estate Incorporated Brokerage. Brokers protected. Prices and specifications are subject to change without notice. Illustrations are artist concept. E.&O.E.
CONDO PROFILE
LIVE IN LUXURY AND CONNECT TO CONVENIENCE WITH VIDA Castle Group Developments Introduces Vida at Bayview Village
F
or those looking for an address that is at once convenient and prestigious, Vida has arrived at Sheppard Avenue East and Bayview Avenue. Located just steps from Bayview Village and the Sheppard subway line, Vida is a luxury boutique condominium nestled in an exclusive location. The three-, six- and eightstorey stepped condominium features modern urban architecture, vibrant amenities and sophisticated suites that range from $199,990 to $1 million. “Vida is bringing affordable luxury to a prestigious and upscale
74 NEW CONDO GUIDE APRIL 11 - 25, 2015
neighbourhood,” says Tazeem Walji of Castle Group Developments. “We’re confident that Vida will be a welcome new landmark in the Bayview Village community.” Vida is at the centre of it all with convenient access to transit and a plethora of amenities including main-floor retail shops and services, upscale shopping, gourmet dining, charming greenspaces, golf clubs, and nearby schools and hospitals. Residents of Vida will be able to step out their front door and into one of the city’s most upscale shopping destinations at Bayview Village, which offers a fine selection of more than 100 luxury retailers, gourmet grocers, restaurants and cafes. Other shopping destinations not far from Vida include Shops at Don Mills and Fairview Mall, and the new Whole Foods on Yonge Street. For those seeking an invigorating respite, there’s the natural splendor of nearby parks and scenic walking trails, including Rean Park, Hawksbury Park, and Bayview Village Park that connects to Blue Ridge Park via a treelined trail.
Only five minutes away, the Yonge Street corridor offers a variety of culture, cuisine and entertainment options to revel in with the Art Gallery of North York, Toronto Centre for the Arts and movie theatres. Nearby hospitals include Sunnybrook and North York General. At Vida, the subway is at your door with Bayview Station on the Sheppard subway line a short walk away that gets you downtown in minutes. As well, access to Hwy. 401 and the Don Valley/404 is virtually instant and offers the convenience of getting around the city easily and effortlessly. The urban and contemporary architecture of Vida is by HCA Architecture and features a whimsical façade of iridescent glass punctuated by linear bands of concrete stone. The lush landscaping, dramatic arched entranceway flanked by stone and glass, and elegant lobby lounge give a strong sense of arrival for both residents and guests.
The urban and contemporary architecture by HCA Architecture features a whimsical façade of iridescent glass punctuated by linear bands of concrete
Amenities at Vida take fine, urban living to the next level. Residents can entertain guests in style in the multi-purpose party room with chef’s kitchen or the sports bar, which overlooks a beautifully landscaped outdoor space with barbecue area. If guests choose to stay overnight, there is a welcoming master guest suite. For Vida owners looking to get in a quick work-out before or after work, the fitness centre is equipped with the latest weights and cardio machines. The impeccable suites at Vida offer soaring nine-ft. ceiling heights, expansive windows and layouts, spacious closets and high-quality laminate plank flooring. Designer kitchen features include granite countertops, ceramic tile backsplash, European-styled cabinetry and full-sized stainless steel appliances. Luxury-inspired bathroom features include deep soaker tub or stand-up shower, ceramic tiles and custom cultured marble vanity counter. All suites feature balconies or terraces. Suites range in size from 328 to 1,600 sq. ft. and are available in studios, one-bedroom, onebedroom-plus-den, two-bedroom, two-bedroom-plus-den and threebedroom designs. Occupancy is scheduled for 2017. Innovative award-winning developer of Vida, Castle Group Developments, delivers excellence in design and craftsmanship. Castle Group’s past successful projects that combine location, luxury and outstanding design include Palm Condominiums, Bellair Gardens and Tuscany Gates.
For more information on Vida, register at vidacondos.com or call 416.304.1212.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 75
HOMEBUYERS’ HELP
Jumping into real estate investment – feet first By Kara Kuryllowicz
W
hat do you do when, to your utter astonishment, your mortgage is paid off, you’re single, self-employed and decades from retirement? Woohoo! Happy dance! While I was happy dancing, of course, I ran the “what if” gamut? What would I do with all of that
extra cash? Travel! Woohoo – more happy dancing! But my practical streak screamed: “What? Are you crazy?” I considered the stock market. I pondered socking it away in a savings account of some sort. But, as various friends and clients pointed out, the smartest thing I could do was to use my house to buy another house! Leveraging the equity I’d built up made sense, but I hated the idea. After all, I had just paid off my mortgage – why on earth would I (single and selfcontinued on pg.78
76 NEW CONDO GUIDE APRIL 11 - 25, 2015
HOMEBUYERS’ HELP continued
I was going to do my research, learn more about real estate investment, crunch the numbers and start small with a place that I could afford and where every single cost would be covered by my new, carefully vetted tenants’ rent with room to spare employed with a moderate, highly unpredictable income) immediately burden myself with another one? Apparently, I should buy a rental property and let my new tenants pay it off for me. Brilliant! But of course, my extremely practical, financially cautious self nearly had a heart attack. I’d heard the horror stories – from my cousin’s (who’s also a landlord) very own lips. Lovely Shirley may have been the best tenant ever, but the stripper – who was in arrears (four months and counting), while her Rottweiler puppies trashed the unit he’d so painstakingly renovated to perfection – had made a far more lasting impression. The potential hassles and costs scared me, because at first glance, they appeared beyond my control. My client, Steve, who had also positioned himself as my business coach, said: “Yes. You can certainly look at being self-employed, single and your unpredictable and moderate income as roadblocks!” But as Steve pointed out, I’d already successfully managed home ownership. He asked: “What is it about you and your situation that made that possible?” That got me thinking. » I’m incredibly careful with money. Some call it frugal, my sister calls it cheap. As a result, despite the fact that » I’d never ever thought about my credit rating, it was perfect. » I do my research. I turn to the experts. I tend to get good advice. » When it comes to life, dancing till dawn or scuba diving with sharks, I’m in. » If we’re talking money – I’m conservative and cautious to the extreme, even to the point of paralysis. Back in the day, I’d take a leap of faith with the man I’d met at the punk club, but when it came to business relationships, particularly those that involved money, I’d always kept an eye out for the red flags and tended to start small before fully committing. When I stepped back and really looked at myself, I could see that the person I’d always been could become a successful, albeit small, real estate investor. I liked pondering the equity sitting in my house, but I didn’t much like the fact that it wasn’t actually doing as much for my future as it could be. Holy heck, I was finally ready to use some of that equity as a down payment on my very first rental property! 78 NEW CONDO GUIDE APRIL 11 - 25, 2015
I was going to do my research, learn more about real estate investment (maybe even take some courses), crunch the numbers and start small with a place that I could afford and where every single cost would be covered by my new, carefully vetted tenants’ rent with room to spare: mortgage payments, utilities, property tax, property insurance, repairs, upkeep. I was scared, but I took a step back, objectively assessed myself and my situation to see if it was viable and decided: “I can do this!” Can you?
Kara Kuryllowicz is a Toronto-based freelance business writer who has been writing and editing for a wide range of corporate clients, industry associations and magazines for more than 20 years. She has a long-term interest in real estate on a business and personal level, as both a homeowner and a landlord with investment properties. She loves living in Toronto’s Riverdale neighbourhood as well as on an island in Pointe au Baril.
live at the heart of king & bathurst beginning Winter 2016
oneeleven is under construction don’t miss out on this amazing opportunity. the oneeleven condominium residences are now over 75% sold! register today at oneeleven.ca or call 647 347 4111.
CONDOMINIUMS + LOFTS
the lobby at oneeleven sophistication meets modern art, where a refined contemporary design enhances rich, inspired urban lifestyles.
Exclusive Listing Brokerage: Brad J Lamb Realty Inc. Brokers Protected. Rendering is an artist’s impression. Prices and specifications are subject to change without notice. E.&O.E. March 2015 APRIL 11 - 25, 2015 NEW CONDO GUIDE 79
Whether you’re renting or buying, finding your next home has never been so easy.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 80
CONSTRUCTION TO START THIS SUMMER!
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Bloor St W
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APRIL 11 - 25, 2015 NEW CONDO GUIDE 81
DESIGNER ADVICE
BRINGING HOME
Mid-Century MODERN DESIGN By Yanic Simard | Photo By Brandon Barré
82 NEW CONDO GUIDE APRIL 11 - 25, 2015
SHOP the
LOOK Our starting point in terms of the design was painting the walls in Benjamin Moore’s OC-23 Classic Gray. Visit benjaminmoore.ca
Atelier - Modern Cottage - Wood Side Table with Metal Base. $120. Visit bouclair.com
I
knew right away that this space would host an eclectic mix of furnishings, including those inspired by the Mid-Century Modern era. When my firm Toronto Interior Design Group first entered this home, the white walls were bare and there was little furniture. The possibilities were endless, as the clients allowed us to really let our imagination run wild with this project and trusted us completely with whatever we wanted to do. The first task was determining the floor plan and flow of the space. After the homeowners fell in love with the layout, it was time to create a design they would fall in love with, too.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 83
We brought in a mix of chrome and brass, which really balanced out the entire look, while also adding the edge and sophistication. For a hint of exotic, a natural cowhide rug hugs the floor, while extremely textural horse sculptures linger in the background near the retro-style walnut lamp. But the element that we all felt really brought life to the room was the amazing art piece by world photographer Tony Koukos. Armen Living Eden Sofa in Cement Gray. Starting at $1,372. Visit ebay.ca
SHOP the
LOOK
Artisanal Soup Bowl in Herbal Green. $12. Visit chapters.indigo.ca
Atelier - Floor Lamp with Trunk Base. $300. Visit bouclair.com
Koldby Cowhide. $300. Visit ikea.ca
84 NEW CONDO GUIDE APRIL 11 - 25, 2015
Yanic Simard is New Condo Guide’s design editor, principal designer of award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline. Check out Yanic’s accessory line, Yanic Simard Selected, by visiting online at ysselected.com
GTA Edition Apr 11 - 25, 2015
Your complete source for condos, lofts and townhomes in the GTA
IN THIS SECTION Maps and listings for new condo communities in the 416 region Builder news and the latest in condos in the 416 APRIL 11 - 25, 2015 NEW CONDO GUIDE 85
CONDO WATCH
416 Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to Lydia.McNutt@ypnexthome.ca
previews & registrations
new releases & grand openings
ON THE DANFORTH By Diam Developments
RIVA DEL LAGO By Monarch
Register now to love, lounge and live on the Danforth, steps to restaurants, shops, bars and the subway. Web: OnTheDanforthCondo.com
ART SHOPPE CONDOS + LOFTS By Freed & CD Capital Developments Experience the art of living at Yonge and Eglinton. Register now. Web: ArtShoppeCondos.com
BLUE DIAMOND AT IMPERIAL PLAZA By Camrost Felcorp Brilliant living and forever views at the aptly named new condo coming soon to Avenue and St. Clair. Register now. Web: BlueDiamondCondos.ca/cg
CITYLIGHTS ON BROADWAY By Pemberton Group
previews & registrations THE BARTHOLOMEW By The Daniels Corp. Condominiums and traditional towns coming soon to Downtown East. Register today. Web: DanielsBartholomew.com
LOTUS By Chestnut Hill Developments
New condos at Yonge and Eglinton are coming soon. Register now. Web: CityLightsCondos.ca
EAST FIFTY FIVE By Lamb Dev. Corp. & Hyde Park Homes Spectacular modern residences coming soon to the lower east side. Register now to stay informed. Web: East55condos.ca
MINTO WEST SIDE By Minto Preview opening coming soon at Minto’s new condominium, coming soon to Bathurst and Front Street. Register now. Web: MintoWestSide.com
Now previewing in Bayview Village – a new concept of luxury across from the Bayview subway and Bayview Village Shopping Centre. Web: LotusCondos.ca
THE RAVINE By Urban Capital & ALIT Developments
EAST UNITED By SigNature Communities
City and nature come together at The Ravine. Register now. Web: TheRavine.ca
Register now to be part of Toronto’s vibrant east end, coming to the corner of Berkeley and King. Web: eastunitedcondos.com
TEAHOUSE By Lanterra Developments Launching Phase 2 in March. East meets West in this new Asian-inspired condominium located at 501 Yonge St. Register now. Web: TeaHouseCondos.com
MINTO YORKVILLE PARK By Minto A highly anticipated condominium is coming soon to Toronto’s high-end Yorkville neighbourhood. Register now. Web: MintoYorkvillePark.com
86 NEW CONDO GUIDE APRIL 11 - 25, 2015
VIVID CONDOMINIUMS By Pemberton Group Vivid Condominiums at Bloor and Islington is the grand finale of a brilliant masterplanned community. Register now. Web: VividCondos.com
TEA GARDEN CONDOMINIUMS By Phantom Developments Intimate boutique address coming to the prestigious Bayview Village area. Register now. Web: TeaGardenCondos.com
Riva del Lago is now open on the Etobicoke Humber Bay waterfront. Register now. Web: MonarchGroup.net
LIBERTY CENTRAL TWO By CanAlfa The sequel to Liberty Central by the Lake showcases spectacular lake and city views. Grand opening in April 2015. Live inside Liberty Village! Web: LiveInLiberty.com
AVANI 2 By Tridel This newest addition to the Metrogate landscape in now open at Kennedy and Hwy. 401. Visit the presentation centre today. Web: Tridel.com
GIBSON SQUARE By Menkes New release of podium suites in North York City Centre, at Yonge and Park Home. Web: Menkes.com
PACE By Great Gulf The final release of suites at Pace is now underway. Get all the details on this intensely urban and decidedly modern project. Web: PaceCondos.com
RIVERCITY 3 By Urban Capital Presentation centre and model suite now open at Urban Capital’s new condominium coming to the revised West Don Lands. Web: RiverCityToronto.com
BEACON By Sorbara Group Sleek 35-storey tower coming to the North York skyline. Presentation gallery now open. Web: BeaconCondos.ca
50 AT WELLESLEY STATION By Plaza Now open at Yonge-Wellesley, this condo ushers in a new way of city living. Web: PurePlaza.com
™
ARAGON.CA
OVER
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™
ARAGON.CA
THINKFORWARD™ ARAGON.CA
LIVEFORWARD™ ARAGON.CA
*Prices and availability subject to change or be withdrawn without notice and do not include taxes. E&O.E.
YOU DON’T LIVE IN DESIGNFORWARD A BOX. THAT’S WHY WE’RE THINKING MOVEFORWARD OUTSIDE OF IT.
ENIGMA ON THE PARK r St W
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heart of the connected Bloordale neighbourhood. With direct access to the Go Train, expressway and metro lines, the opportunity to be a part of the best in urban design won’t last long—homes range from studio suites at $233,900 to penthouses starting at $361,900. Register today at aragon.ca/enigmalofts. Call or visit: 138 St. Helen’s Ave, 416.516.1551.
Ave owne Lansd Ave elens St. H
Enigma on the Park is now over 50% sold. Construction has started, and the Presentation Centre will be moving to Bloor Street by Spring 2015. Enigma represents more than a subtle shift in urban planning and architectural design practices. It’s a revolution that begins with these 86 parkside loft style condos and townhomes located in the
Presentation Centre e St
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#ARAGONFORWARD Aragon Properties Ltd. APRIL 11 - 25, 2015 NEW CONDO GUIDE 87
CONDO PROFILE
ENIGMA ON THE PARK ANSWERS THE DEMAND FOR TOWNHOMES Aragon Properties’ boutique-style condominiums and townhomes offer an attractive alternative in Toronto’s Bloordale neighbourhood
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estled within an emerging neighbourhood just steps from Bloor Street West and Lansdowne Avenue, is Enigma on the Park. This hidden gem from forward-thinking developer Aragon Properties is a midrise building with 86 loft-style condominiums and parkside townhomes. What makes Enigma on the Park so unique is that it’s answering the call from many homebuyers in downtown Toronto with its connected location, proximity to neighbourhood amenities, intelligent architectural design and especially its townhome offering. The popularity of the townhomes at Enigma on the Park, and townhomes in general, can be attributed to many factors affecting those looking for a new home. “Detached and even semi-detached houses are becoming virtually unreachable in Toronto due to rising
88 NEW CONDO GUIDE APRIL 11 - 25, 2015
costs,” says Ralph Fox, Enigma on the Park sales manager from Sage Real Estate. “This is leading young families who can’t afford a home and want an alternative to a condominium to look at townhomes, because they are the only affordable fit. I’ve seen people come in after losing out on bidding wars for homes in multiple-offer scenarios, who are then able to sit down in our showroom and choose their home over a cup of coffee.” Designed by Quadrangle Architects, one of Toronto’s leading architectural firms, Enigma on the Park comes by its name honestly as it is situated in an existing residential community right at MacGregor Park and off the busy main streets just south west of Bloor Street West and Lansdowne Avenue. The park is integrated into the overall building design as it flows from the perimeter
of the condominium and into the interior public spaces. This proximity to nature, social activity and community is another draw for townhome purchasers. “Not too many townhouses are being built within the city, especially ones in a building with character, situated next to a park in an emerging neighbourhood,” says Fox. The low maintenance fees have been another draw for those purchasing townhomes at Enigma on the Park. Fox has found that, when given the option, most purchasers would choose reduced maintenance fees on a monthly basis over more amenities. “Townhomes generally have lower maintenance costs per sq. ft. than condos,” says Fox. “Maintenance fees for the townhomes at Enigma on the Park are 33 cents per sq. ft. versus the 45 cents per sq. ft. for the building’s condos, because the townhomes don’t use up as much common space like elevators and hallways...allowing residents to save proportionally on their monthly fees.” Enigma on the Park’s proximity to the park’s plentiful greenspace is a welcome amenity in itself. Residents of Enigma on the Park have access to boutiques, cafes, restaurants, art galleries and markets located within the burgeoning Bloordale neighbourhood. With less than a 10-minute walk from Lansdowne subway station on the Bloor line, it’s effortless to get downtown quickly. Bloor GO station is a short walk away and will be the only central stop of the Union Pearson Express when it’s completed. Immediate access to the subway, buses and streetcar has earned Enigma on the Park a transit score of 100.
Of the 86 homes at Enigma on the Park there are 56 different floor plans, making almost every suite unique. “Enigma on the Park averages a price of approximately $525 per sq. ft., which compared to condos closer to the downtown core, is affordable,” says Fox. “Especially when you factor in that Enigma on the Park is in an upcoming neighbourhood right on a park and is a seven-minute walk from Bloor Street and the subway.” Enigma on the Park’s interiors feature wide-plank hardwood flooring, nine-ft. high ceilings, sliding doors to separate living spaces and reclaimed brick walls that are different in every suite. Most suites have a patio or balcony, while penthouses have terraces. Kitchens feature quartz countertop and backsplash, sleek Kohler fixtures and a designer appliance package; while bathrooms include quartz countertops, soaker tub and/or fully enclosed walk-in shower. Building amenities include a fully equipped gym, theatre, rooftop lounge with fire pit and barbecue, and dog washing station, making Enigma pet friendly. Homes range in size from 422 to 1,567 sq. ft. and are priced from $231,900.
For more information call 416.516.1551 or visit the sales office located at 138 St. Helens Ave. The presentation centre and fully furnished model suite is open from noon to 6 p.m. on Monday to Thursday; and on weekends from noon to 5 p.m. Private appointments are available. APRIL 11 - 25, 2015 NEW CONDO GUIDE 89
IN THE NEWS
Fieldgate Homes throws first documented demolition party in Canada
W
ith over 100 guests in attendance, representatives from Fieldgate Homes recently celebrated the success of 90 Niagara with a demolition party. The first demolition party to be filmed in Canada, invited guests including purchasers, project partners, and members of the media attended the highly successful demolition event, all in support of Fieldgate’s newest boutique condominium. With the entire event documented, Fieldgate encouraged homebuyers to get involved with the
90 NEW CONDO GUIDE APRIL 11 - 25, 2015
demolition of the 90 Niagara sales office. Guests at the event were provided with hard hats, safety goggles and sledge hammers, and were given an exclusive opportunity to help demolish the existing structure. Excited guests tore right into the sales office, honoured to be part-even if minor-of the demolition process. Surrounded by world-class shops and restaurants and in close proximity to Toronto’s Fashion District, Entertainment District and Financial District, 90 Niagara has quickly become one of Toronto’s most successful urban projects. Ranging in size from 560 to 1,030 sq. ft. and priced from $346,000, layouts at 90 Niagara will offer the ultimate in stylish living. Rising just five storeys and offering a select 45 units, 90 Niagara is a modern and intimate midrise building comprised of condominium suites and urban towns. Featuring striking horizontal lines, 90 Niagara will merge seamlessly with the neighbourhood’s existing streetscape, uniting the project’s two forms of housing in a distinctive architectural fusion. Interior features at 90 Niagara will include nine-ft. ceiling heights, pre-finished hardwood flooring and contemporary flat-panel interior doors. Designer-inspired kitchens will include contemporary European-style flat slab, quartz countertops with a combination of quartz backsplash and ceramic tile, stainless steel appliances, and under-cabinet valance lighting. Residents will also have access to an incredible selection of recreational amenities, including a modern, boutique-style lobby, an outdoor terrace and lounge area with two distinct conversation areas, and a dining/ barbecue area. 90 Niagara will also feature an elegant party room with a geometric patterned fireplace feature wall, lounge seating and bar area. Occupancy at 90 Niagara is scheduled for the summer 2016. For more information on this incredible new development, call 416.981.0036 or visit 90niagara.com
COME SEE WHY WATERMARK IS MAKING WAVES ON THE ETOBICOKE WATERFRONT. MODEL SUITE SELL OFF Immediate Occupancy • $10,000 Deposit • Free Parking • Free Locker Storage Over $40,000 in Upgrades Included in Price
Starting from the mid $300’s
Long Branch
3563 Lake Shore Blvd. W., Monday to Wednesday 12 pm to 7 pm Saturday, Sunday & Holidays 11 am to 6 pm 416.354.2221 I queenscorp.com
N
Brown’s Line
Presentation Centre
Kipling Ave.
The Most Outstanding Mid-Rise Building
Thirty Fifth St.
Ontario Home Builders’ Association Award Winner
Lake Shore Blvd. W.
All prices & specifications are subject to change without notice. E.&O.E. All Illustrations are artist’s concept only. Brokers Protected
Long Branch
Thirty Fifth St.
Browns
Kipling Ave.
N
Lake Shore Blvd. W.
SOUL was North York’s hottest condo.
Get connected with Phase Two.
Be first connectfairview.com FR A M
BUILDING GROUP
Award Winning Builder
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Illustrations are artist’s concepts. E&O.E. All information correct at time of press.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 93
GR A ND OPENING
A T S T. C L A I R & B A T H U R S T S A T U R DAY, A P R I L 2 5 T H – 12 P M T O 5 P M
SPOTLIGHTING BARRINGTON’S 2015 DESIGNS With 2 new spectacular collections The Barrington offers an unparalleled lifestyle appeal. From stylishly designed 1 bedroom suites to exceptionally spacious 3 bedroom suites, this boutique residence is ideal for the urban dweller. Brilliantly located overlooking Forest Hill and just steps from the Subway, this is where you want to be.
K N IGH T SBR IDGE COL L EC T ION Suites From 734 Sq.ft. Up To 2,200 Sq.ft.
Suites From 555 Sq.ft. Up To 667 Sq.ft.
$424,990
From
$322,990
OPENING SPECIAL OWN FROM
$1750
* PER
PRESENTATION CENTRE:
522 ST. CLAIR AVENUE WEST
MONTH
{AT ST. CLAIR AVENUE & BATHURST STREET} EGLINTON
*Includes P&I, maintenance fees and property taxes with 20% down based on 2.49% mortgage rate and 25 year amortization. See sales representative for details. Prices and specifications are subject to change without notice. Exclusive Listing Broker, The Condo Store Realty Inc., Brokerage. Brokers Protected. E. & O.E. 2015.
SALES CENTRE
ST. CLAIR
YONGE
BarringtonCondo
BATHURST AVENUE
BARRINGTONCONDOS.COM 416.410.4444
N SITE
MON. - WED.: 12PM TO 6PM, THURS.: 12PM TO 8PM FRI.: CLOSED, WEEKENDS: 12PM TO 5PM
DUFFERIN
From
L ON DON F L AT S COL L EC T ION
LIVE FREE. LIVE BEAUTIFULLY.
ZERO MORTGAGE. ZERO CONDO FEES. ZERO TAXES. 100% AMAZING LIFE. R LAW
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Perspective Condominiums 290 Scarlett Rd. Etobicoke, ON
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Offer Ends April 30th. Visit our sales centre today for more details!
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Mon - Thurs : 1pm - 7pm Fri : Closed Sat - Sun : 12pm - 5pm
t: f: e: w:
416 242 3500 416 242 7924 info@perspectivecondos.com perspective4free.com In2ITIon
For one year only. Based on one year estimate of total monthly condo fees, total monthly property tax and total monthly mortgage interest at 2.6% of an 80% mortgage. Live Free promotion commences upon occupancy. Purchaser responsible for hydro, closing costs, moving costs, other related purchase costs and personal monthly expenses. Exclusive listing Brokerage: In2ition Realty. Brokers Protected. Prices and specifications subject to change without notice. E. & O.E. This offer is not to be combined with any other offers. For qualified purchasers only. Limited time offer until April 30, 2015, that may be withdrawn at any time without notice. Please see a sales representative for details.
CONDO PROFILE
FREEDOM ONE Live Free for One Year at Perspective Condominiums
I
magine the freedom of no mortgage, no taxes or condo fees for one entire year. That’s the special and unique promotional incentive now being offered by developer Pianosi Development Corporation to purchasers at its new Perspective Condominiums, now under construction at Scarlett Road and Eglinton Avenue in Etobicoke. Pianosi will supply the purchaser with a credit on closing that covers 12 months of mortgage, all condo fees and all taxes, giving any purchaser an incredible leg up in personal finances for a year. The “Live Free for One
96 NEW CONDO GUIDE APRIL 11 - 25, 2015
Year” promotional incentive should be especially attractive to those looking to purchase their first home and enter the real estate market. Perspective Condominiums, now well into construction and with occupancies slated to begin later in 2015, features a 12-storey and a 19-storey tower in one of Toronto’s most delightful neighbourhoods of central Etobicoke. The location is much admired, as it is nearby James Gardens Park and close to the mature natural beauty of the Humber River Valley, with miles of trails and many meandering walkways. Perspective is a quick commute to downtown, and minutes to major east/west and north/south highways, as well as Toronto Pearson International Airport. Pianosi’s research shows that close to 80 per cent of purchasers will be coming from approximately five kilometres away, choosing to stay in the neighbourhood because of its many advantages such as shopping, local transit and the abundance of natural beauty. Aside from the outstanding financial value of the “Live Free for One Year” promotional incentive, Perspective Condominiums is proving very popular
Pianosi will supply the purchaser with a credit on closing that covers 12 months of mortgage, all condo fees and all taxes... with purchasers because of its larger-sized suites and the fact that each unit includes a balcony which becomes an extension of the residents’ personal space. Average ceiling heights are nine ft. and each suite features high-end features and finishes with generous natural light. Sixty per cent of the suites are two-bedroom layouts and feature unique touches such as laundry tubs and side-by-side washer/dryers. The development also displays extensive green landscaping and
features a full package of social and engaging amenities. Perspective Condominiums is affordable, luxury living with suites that are currently priced from just $299,900, including parking and a storage locker.
For more information on Perspective Condominiums, and to take advantage of today’s prices and the “Live Free for One Year” promotional incentive, visit online at perspectivecondos.com or call 416.242.3500. The presentation centre is located at 25 Fontenay Crt., and is open Monday through Thursday from noon to 6 p.m.; and Saturday and Sunday from noon to 5 p.m. APRIL 11 - 25, 2015 NEW CONDO GUIDE 97
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
# Builder 2 Great Gulf 6 Cresford Development Corp. 7 The Daniels Corporation 11 Menkes Developments Inc. 11 Menkes Developments Inc. 18 Monarch Corporation 18 Urban Capital 20 Menkes Developments Inc. 22 Monarch Corporation 26 Bazis Inc. 27 The Daniels Corporation 35 Menkes Developments Inc. 35 Menkes Developments Inc. 41 Lash Group of Companies 42 Triumph Developments 48 Minto Communities Inc. 48 Madison Homes 48 Fieldgate Homes 49 Lanterra Developments 50 Cresford Development Corp. 52 Cresford Development Corp. 52 Cresford Development Corp. 58 Great Gulf 61 Minto Communities Inc. 65 Aragon Properties 67 Pemberton Group 68 Lamb Development Corp. 74 The Daniels Corporation 75 Canalfa Group 76 The Daniels Corporation 77 Andiel Homes Inc. 77 Berkshire Axis Development 77 Signature Communities 79 Freed 85 Harhay Developments 99 Great Gulf 131 Lanterra Developments 140 Eden Shaw 140 45 Charles Ltd. 149 Camrost - Felcorp 150 Aspen Ridge Homes 162 Pianosi Developments 190 Cresford Development Corp. 202 Bazis Inc. 202 Rio Can 202 Metropia 218 Malibu Investments Inc. 222 Lamb Development Corp. 2 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 4 Gairloch Investments 4 Centrestone Urban Developments Inc. 5 Onni Group of Companies 5 Onni Group of Companies 5 Concord Adex 6 Cresford Development Corp. 6 Cresford Development Corp. 7 The Daniels Corporation 8 Cresford Development Corp. 9 Aspen Ridge Homes 9 Cityzen 10 Empire Communities 11 Tridel Corporation 12 North Drive Investment 12 Streetcar Development 13 Streetcar Development 14 Canalfa Group *TH: Townhomes, C: Condo
Site Telephone TH* C* Price Range Page Finder Yonge+Richmond 416-499-8883 • from $330,000 25 16K Merton Yonge Condominiums 416-484-1900 • from $450,000 120 14e High Park Condominiums 416-351-1844 • from $300,000 15 8L Pears on the Avenue 416-323-0100 • from $420,000 Insert 14I 365 Church 416-591-7700 • from $242,000 Insert 14I Riva del Lago 416-495-3544 • from $300,000 Insert 24c RC3 416-862-0505 • • from $220,000 43 18L Fabrik 416-591-7700 • from $350,000 Insert 14M Picasso on Richmond 416-495-3549 • from $400,000 Insert 14M No1 Yorkville 416-519-2911 • from $408,000 3 15I One Park Place South Tower 416-955-0559 • from $250,000 41 18k 87 Peter 416-591-7700 • from $282,000 Insert 15M The Eglinton Yonge at Heart menkes.com • Insert 15D The Barrington Condominiums Flats 416-410-4444 • from $323,000 94 12H Howard Park 2 416-873-0989 • 81 9L Yorkville Park mintoyorkvillepark.com • • from $420,000 14 14J Zigg St.Clair West 416-545-0223 • • from $320,000 47 14J Zigg St.Clair West 416-545-0223 • • from $320,000 47 14J Teahouse 416-861-1111 • from $200,000 17 16K VOX 416-485-3000 • 120 15J CASA 2 416-486-2272 • from $350,000 IBC 15L CASA III 416-486-2272 • from $350,000 120 15L Monde 416-466-8885 • from $320,000 25 17M West Side mintowestside.com • • from $220,000 23 13M Enigma on the Park 416-516-1551 • from $234,000 87 9L Citylights on Broadway 905-326-4100 • from $200,000 9 14D East Fiftyfive 416-861-9559 • from $280,000 53 17L The Bartholomew Downtown East 416-955-0559 • from $220,000 19 18K Liberty Central by the Lake Two 416-537-0047 • • from $250,000 63 12N Daniels Waterfront 416-221-3939 • from $280,000 39 17M East United Toronto Condos 905-273-9333 • from $200,000 Insert 18L East United Toronto Condos 905-273-9333 • from $200,000 Insert 18L East United Toronto Condos 905-273-9333 • from $200,000 Insert 18L Art Shoppe Condos artshoppecondos.com • from $200,000 65 14D One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 79 13M One Bloor Residences 416-922-0081 • from $580,000 25 15I Riverhouse at the Old Mill 416-766-7343 • from $518,000 26 5L Chaz Yorkville Condos 416-922-0045 • from $400,000 27 16J Chaz Yorkville Condos 416-922-0045 • from $400,000 27 16J Blue Diamond at Imperial Plaza bluediamondcondos.ca/cg • from $300,000 1 15I Studio on Richmond 647-352-7736 • from $300,000 45 15M Perspective Condos 416-242-3500 from $300,000 95 4H 1000 Bay 416-485-3000 • from $350,000 120 15J E Condos 416-243-8688 • from $389,000 5 14D E Condos 416-243-8688 • from $389,000 5 14D E Condos 416-243-8688 • from $389,000 5 14D Smart House 416-292-0219 • from $442,000 57 15L The Harlowe 416-363-1771 • from $276,000 55 15M FWD at Concord CityPlace 416-813-0999 • • 13F Quartz at Concord CityPlace 416-813-2999 • • 15M Spectra at Concord CityPlace 416-813-0999 • • 15N Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M Parade TWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M 383 Sorauren 383sorauren.com from $265,000 9M 383 Sorauren 416-588-0383 from $265,000 9L Garrison at the Yards 416-260-2600 • from $190,000 14n West Lake 416-260-2600 • from $240,000 14N Newton at Concord CityPlace 416-813-0999 • 12F NXT2/Phase Two 416-977-5300 • • from $210,000 5F NXT at Windermere By the Lake 416-977-5300 • • from $350,000 5F The Parkside Collection 416-351-1844 • from $700,000 8L NXT 2 416-977-5300 • • from $300,000 8N VU 416-970-9500 • • from $370,000 16L Riverside in Pine Grove 416-746-1234 3F The HUB 416-784-3482 • from $250,000 9F Sherwood at Huntington 416-485-1900 • from $1000,000 18G The High Park 416-670-3699 • from $300,000 8L RC3 416-750-7506 • from $300,000 23D Trinity Lofts 416-690-2988 • from $330,000 19l Liberty Place 416-537-0047 • • from $170,000 12N
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
Builder
Tridel Corporation Freed Rockport Group Urban Capital Urban Capital KIngstone Road Development Greenland Group Tridel Corporation Tribute Communities Greenpark Homes Tridel Corporation Bazis Inc. Empire Communities Empire Communities Pinnacle International Pinnacle International Worsley Urban Partners Madison Homes Lamb Development Corp. Neudorfer Corporation Cresford Development Corp. Easton’s Group Great Gulf Fernbrook Homes/Cityzen Dev. K-CAP Laird Inc. Tridel Corporation Pinnacle International Conservatory Group Pinnacle International Tridel Corporation Tridel Corporation Lanterra Developments Times Developments Inc. MintoUrban Communities Inc. MintoUrban Communities Inc. Streetcar Development Lanterra Developments Lindvest Canalfa Group Pemberton Group Fernbrook Homes/Cityzen Dev. Lamb Development Corp. E-Park Development Emsatec Canada Inc Neudorfer Corporation Shiu Pong Development Ltd. Madison Homes State Building Group Tower Hill Development Corporation Harhay Developments Diam Developments Empire Communities Lamb Development Corp. Tridel Corporation Tridel Corporation Carttera Carttera Fernbrook Homes/Cityzen Dev. DHD Developments Lamb Development Corp. Plaza Menkes Developments Inc. Lifetime Developments Aspen Ridge Homes Context Development Inc. Context Development Inc. The Brownstone Group of Companies The Brownstone Group of Companies Great Gulf Plaza Bazis Inc. Metropia Plaza Pemberton Group Pemberton Group The Daniels Corporation The Daniels Corporation The Daniels Corporation Pinnacle International Great Gulf Lifetime Developments Lifetime Developments Concert Properties Triangle West Development Tridel Corporation Tridel Corporation Tribute Communities Tribute Communities Graywood Developments Mod Developments Inc. Alterra Homes/Finer Space BSaR Ltd Andrin Homes Graywood/Beaverhall Development Camrost - Felcorp Camrost - Felcorp Camrost - Felcorp Cityzen Fernbrook Homes Fernbrook Homes Urban Capital Malibu Investments Inc. Alit Developments Tre Memovia Developments Lifetime Developments Lifetime Developments Castlepoint/Cityzen/Fernbrook Sorbara Group Streetcar Development Mizrahi | Khalili Developments Sorbara Group Graywood Developments Mod Developments Inc. Reserve Properties Reserve Properties Pemberton Group Streetcar Development Greenpark Homes The Daniels Corporation Tri-Win Developments Inc MintoUrban Communities Inc. Lifetime Developments Centre Court Development Streetcar Development Menkes Developments Inc. Fieldgate Homes Freed Carttera Solotex Mod Developments Inc. Reserve Properties Castlepoint/Numa Dundee Kilmer Developments Dundee Kilmer Developments Torbel Group Pemberton Group Baywood Homes Urban Capital TAS DesignBuild Lamb Development Corp. Lamb Development Corp. Concord Adex
*TH: Townhomes, C: Condo
Site
Telephone
TH* C*
Price Range
Page
101 Erskine 416-480-0700 • from $286,000 155 REDPATH 416-996-5428 • from $210,000 The Nest 416-223-0003 • from $250,000 River City 416-862-0505 • • from $250,000 River City 2 416-862-0505 • • from $500,000 The Glen 416-694-3333 • from $255,000 King Blue Condos 416-599-1355 • from $215,000 Ten York 416-596-9888 • from $1020,000 The College 416-363-4800 • from $320,000 Axiom Condominiums 647-352-4077 • from $225,000 Spadina Queen 416-661-1949 • from $350,000 One Yorkville 416-519-2911 • from $475,000 Water Tower at Eau Du Soleil 416-503-3328 • from $350,000 Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $350,000 Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 Totem Condominium 416-792-1877 • from $320,000 The Madison 416-482-8090 • from $420,000 Riverside Towns 416-368-5262 • from $460,000 Fuse Condos 416-534-4444 from $220,000 Lofts 399 416-867-3999 • from $590,000 Dundas Square Gardens 416-645-8575 • from $200,000 Brocton Commons greatgulf.com/brocton • from $370,000 Garrison Point garrisonpoint.ca • from $250,000 The Upper House Condos in Leaside 416-425-1800 from $350,000 Alter 416-645-4599 • from $250,000 Palatial Collection 416-925-3325 • from $800,000 Milan 416-928-7409 • from $520,000 The PJ pinnacleinternational.ca • from $300,000 Aqualina at Bayside 416-514-2710 • from $350,000 Aquavista at Bayside Toronto 416-514-2710 • from $1000,000 11 Wellesley 416-861-1111 • from $250,000 The 500 Condos + Lofts 416-960-0606 • from $400,000 King West 416-367-5464 • from $210,000 775 King West 416-367-5464 • from $330,000 Riverside Square 416-466-4466 • from $200,000 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 B Streets 416-532-6636 from $635,000 Liberty Central by the Lake 416-537-0047 • The Uptown Residences 416-987-3500 • from $950,000 The Selby theselbycondos.com • The Brant Park 416-368-5262 • from $262,000 Foundry Lofts 416-531-7760 from $399,000 The Brownstones 5 416-531-7760 • from $350,000 Brownstones 416-531-7760 • from $305,000 Design Haus mydesignhaus.ca • from $250,000 The Upper Canada Condominium 416-489-5194 • from $1800,000 The Upper Canada Condominiums 416-489-5194 • from $1.8,000 2221 Yonge 647-350-2221 • from $320,000 East Condos & Lofts 416-368-5262 • from $310,000 On The Danforth onthedanforthcondo.com • from $250,000 Schoolhouse 416-979-1333 • from $595,000 Flatiron Lofts 416-368-5262 from $243,000 300 Front Street West 416-217-0300 • from $324,000 Atmosphere 416-217-0300 • from $1200,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 Pier 27 Waterlink 416-367-3456 • from $800,000 Gooderham Condos at The Distillery 416-361-1322 • from $390,000 The King East 416-368-5262 • from $435,000 King West 647-341-1731 • from $346,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 Market Wharf 416-861-8181 • from $260,000 Library District Condominiums 416-861-8181 • from $222,000 Brownstones in Davenport Village 416-531-7760 from $245,000 Brownstones on the Park 416-531-7760 • from $260,000 Charlie 416-927-9772 • from $960,000 Ivory On Adelaide 647-341-1731 • from $279,000 Exhibit 416-967-7778 • Exhibit 416-967-7778 • Exhibit 416-967-7778 • U Condominiums 416-546-6605 • from $750,000 The Urban Townhome Collection 416-546-6605 • from $1899,000 One Park West 416-955-0559 • from $406,000 One Park Place Condominiums 416-955-0559 • from $200,000 Festival Tower 416-203-2020 • from $350,000 The Pinnacle on Adelaide 416-596-1600 • from $350,000 X2 416-927-0080 • from $500,000 X2 416-927-0080 • from $303,000 Bisha Hotel & Residences 416-637-2211 • from $274,000 88 Scott 416-216-8588 • Art Condos 416-535-7775 • from $530,000 Two Old Mill 416-645-7022 • from $356,000 Old Mill 416-645-7022 • from $450,000 RCM I on University 647-351-9247 • from $393,000 Queen & Portland 416-363-4800 • from $315,000 5 St. Joseph 416-928-0555 • • from $250,000 5 St. Joseph 416-928-0555 • • from $250,000 Post House Condominium 416-964-2777 • from $350,000 12 Degrees 416-408-1200 • from $350,000 The Berwick 416-922-9425 from $280,000 The Mercer 416-597-6940 • from $350,000 Imperial Plaza 416-925-2501 • from $986,000 Yorkville Plaza 416-966-3003 • Yorkville Plaza II 416-966-3003 • Backstage on the Esplanade 416-777-2533 Backstage on the Esplanade 416-777-2533 Vero 416-798-7070 from $250,000 Tableau Condominiums 416-591-8887 • • from $450,000 Tableau Condominiums 416-591-8887 • • from $350,000 Tableau Condominiums 416-591-8887 • • from $350,000 Carmelina 416-423-8500 • from $325,000 The Yorkville Condominiums 416-987-3344 • • from $550,000 The Bond Condominiums 416-546-7525 • • L Tower 416-777-2533 • from $410,000 thirtytwo Camden 416-860-0060 • from $240,000 8 Gladstone 416-690-9009 • from $335,000 133 Hazelton Residence 416-926-9900 • 210 Simcoe 416-217-0210 • from $420,000 Five Condos 416-928-0555 • • from $375,000 Five Condos 416-928-0555 • • from $375,000 Rise 416-546-7399 • • from $290,000 Model Suite of the Month • Neon 416-987-7878 • from $470,000 The Carlaw 416-690-8588 • from $200,000 Allure Condominiums 416-487-7600 • from $350,000 Cinema Tower Condominiums 416-203-2020 • from $450,000 FAD Condos 416-815-1818 • from $250,000 30 Roe 416-915-3812 • from $397,000 INDX 416-987-4639 • INDX 416-987-4639 • The Carnaby 416-690-9009 • from $250,000 Noir 416-977-8780 • from $250,000 90 Niagara 416-981-0036 from $347,000 SIXTY Colborne 416-601-0060 • from $300,000 SIXTY Colborne 416-598-7775 • from $300,000 Upper Beach Townes 416-693-7500 • from $390,000 The Massey Tower 416-966-0197 • • from $320,000 109OZ 416-531-4844 • from $300,000 The Sterling 416-777-2533 • • from $230,000 Canary District Condominiums 416-603-7576 • from $250,000 Canary Park Condominiums 416-603-7576 • from $250,000 Wallace Walk 416-531-1818 • from $210,000 TEN93 Queen West 416-546-6355 • from $280,000 TEN93 Queen West 905-326-4100 • from $280,000 Smart House 416-292-0219 • from $442,000 Duke Condos junctionlife.ca King Charlotte 416-368-5262 • from $416,000 Theatre Park 416-368-5262 • from $537,000 FWD at Concord CityPlace 416-813-0999 • •
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Finder 14D 14D 11H 18L 18L 23H 12N 12F M14 17L 15D 15I 25B 25B 17m 17M 15H 14E 19L 9k 14L 17k 11L 13N 18D 16J 16M 15I 15L 18N 18N 15J 17I 14M 14M 19L 14B 13J 11F 16J 16J 14M 9I 9I 9I 14K 14G 14G 14D 16M 23G 13i 20J 15M 15M 13M 13M 17N 18L 18L 13N 15I 15I 14J 17M 17M 9j 9J 14M 17L 14i 14i 14i 15K 15K 18J 18J M14 15M 16J 16J 16m 17M 12N 5L 5L 14M 15I 16J 16J 16L 15L 14E 15M 15I 15I 15I 17M 17M 17M 15L 15L 15L 23J 15G 15G 17L 14L M12 14I 15M 15J 15J 12H 12H 14D 19K 14F 14M 14M 14E 16M 16M 12M 15M 14O 16L 16L 24G 16L 12M 9L 18L 18L 9L 12F 12F 15L 8K 15M 16M 15M
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
torontoregionalmaps: Toronto, East York, York
#
15 16 17 18 18 19 21 22 23 24 25 26 28 28 29 29 z31 32 33 36 37 38 39 40 43 44 45 46 47 51 51 53 54 55 55 56 57 59 60 62 63 64 66 66 66 69 70 70 71 72 73 78 81 83 84 85 85 88 94 101 102 103 103 104 106 106 109 109 110 114 117 117 117 118 118 120 120 122 124 126 126 128 129 130 131 131 133 134 135 135 137 141 142 148 149 149 149 151 151 151 153 153 153 154 155 155 157 165 170 173 175 179 179 184 184 185 186 188 189 191 192 195 195 197 198 199 200 200 201 206 207 210 215 215 217 217 217 218 219 220 221 223
99
1
2
3
4
5
6
7
8
A
9
10
11
12
13
14
15
16
17
18
101
Steeles Ave
19
20
North York
25
26
99
9
14
400
24
121
33
5
23
12
b
c
21 22
37
40 8 2 50 10 4
d
124
401
7
15 128 17
1
11 13
96
6
28
123
401
e 3
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25 122
f
130
125
g
132
95
h
torontoregionalmaps: North York
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
100
#
Builder
1 6 9 12 13 17 40 96 122 123 1 2 3 3 4 4 5 6 6 6 6 7 8 10 10 10 11 14 15 21 25 25 28 33 37 50 50 95 96 96 96 101 121 122 122 124 125 128 128 130 132
Fram Building Group Concord Adex Sorbara Group Ghods Builders Inc. Castle Group Developments Chestnut Hill Development Menkes Developments Inc. ELAD Canada Lanterra Developments Brandy Lane Homes Concord Adex Torbel Group YYZed Project management Tiffany Park Homes Tridel Corporation Tridel Corporation Lindvest Concord Adex Concord Adex Concord Adex Concord Adex Fram Building Group Conservatory Group Bazis Inc. metropia Plaza Castle Group Torbel Group Phantom Developments Tridel Corporation Context Development Inc. metropia Tridel Corporation Castle Royale Development Norstar Group of Companies MintoUrban Communities Inc. Devron Developments Aspen Ridge Homes ELAD Canada ELAD Canada ELAD Canada Kantium Development Liberty Development Corp. Lanterra Developments Lanterra Developments Tridel Corporation Fram Building Group The Daniels Corporation The Daniels Corporation Tribute Communities Fram Building Group/Cadillac Fairview
*TH: Townhomes, C: Condo
Site
Telephone
TH* C*
Price Range
Page
128 Connect Condos connectfairview.com 92 Omega on the park 416-813-2999 • • 30-31 Beacon beaconcondos.ca • from $290,000 61 5959 Yonge Street 416-222-5959 • from $289,000 56 Vida at Bayview Village 416-304-1212 from $200,000 73 Lotus Condominiums 416-222-8338 • from $299,000 67 Gibson Square 416-730-9722 • from $836,000 Insert The Colours of Emerald City coloursofemeraldcity.com • from $250,000 59 Treviso Condominiums 416-787-8882 • from $203,000 11 The Station 416-398-9777 • from $300,000 24 Opus 416-813-2999 • • The Avanti Condominiums 416-636-0400 from $390,000 VISTO vistocondos.ca from $220,000 Westhaven 416-792-6655 • from $633,000 Hullmark Centre 416-733-2883 • from $524,000 Aristo at Avonshire 416-730-0300 • from $383,000 The Brownstones at Westown lindvest.com from $330,000 Tango at Concord Park Place 416-813-2999 • • from $236,000 Discovery at Concord Park Place 416-813-2999 • Discovery II at Concord Park Place 416-813-2999 • • from $210,000 Tango2 at Concord Park Place 416-813-2999 • from $265,000 SOUL mysoulcondos.ca from $250,000 Pearl 2 Condominiums 416-512-1818 • Emerald Park 416-221-8802 • from $188,000 Emerald Park 416-221-8802 • from $188,000 Emerald Park 416-221-8802 • from $188,000 Insignia Residences at Bayview Village 416-304-1212 from $350,000 Diva Condo DivaCondo.com from $225,000 Tea Garden Condos teagardencondos.com • from $250,000 Argento 416-663-1818 • from $562,000 The Yorkdale Condominiums 416-781-9990 • from $170,000 The Yorkdale Condominiums 416-781-9990 • from $170,000 Alto at Atria 416-645-8866 • from $288,000 The Palm Condominium Residences 416-306-1000 • from $400,000 Portrait Condominiums 416-282-9600 • from $300,000 88 416-915-3805 • from $330,000 Flo Condominiums 647-799-0356 • from $250,000 Scenic on Eglinton 416-805-1781 • Emerald City Condominiums 416-492-0001 • from $250,000 Dreamtower At Emerald City 416-492-0001 • from $248,000 Biyu Emerald City biyucondos.com • from $250,000 Posh Condominiums 905-771-0134 • from $544,000 World on Yonge 905-771-7010 • from $284,000 Treviso II 416-787-8882 • from $250,000 Treviso III 416-787-8882 • from $250,000 Trio at Atria 416-645-8866 from $255,000 LIV Lofts 416-445-5638 • from $250,000 NY Place 416-221-3939 • from $250,000 NY2 416-221-3939 from $250,000 Canterbury 647-352-2130 • • from $700,000 Flaire Condos 416-445-8868 • from $320,000
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Finder 24C 22C 17C 18A 20D 19C 17C 24C 12F 12D 22C 17C 8E 23G 18D 18D 4C 22C 22C 22C 22C 25C 17C 17C 17C 17C 20C 11C 19C 22e 12E 12E 25D 17B 13C 18c 18c 23G 24C 24C 24C 16A 18A 12F 12F 24C 22F 19C 19C 19F 22F
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
1
2
3
4
5
6
8
18
19
20
Humberline Dr
Alb
ion
26
Blv d
Islington Ave
le
Kipling Ave
Martin Grove Rd
xd a
10
40
27
2A
Dixon Rd
d
Ranforth Dr
Rathburn Rd
21 Mil l Rd
44
34 Bloor St W
Dundas St W
35 Queensway
22
46
Gardiner Expressway Evans Ave 2
Horner Ave
h * Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
50 8 5 51
65
25
70
Park Lawn
QEW
16
Royal York Rd
Scarborough
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
ett R
12 Etobicoke
409
e Av
Site Islington Terrace The KIP District Lago Humber Mews Harmony Village Watermark Joy Condos Waterscapes Avani 2 At Metrogate Imagine Condos On The Go Mimico The Academy The Academy Nautilus at Waterview The Epicurean Altitude One Sherway Condominiums One Sherway Condominiums Hunt Club Terrace Cloud 9 Condominiums Cloud 9 Condominiums Richview Jasmine Condominiums Residences at The Hunt Club Three Seven Condos & Lofts Key West Condominium Royal York Urban Towns Centro Dwell City Towns Eleven Superior Terrace on Danforth Encore Triumph at Valhalla Parc Nuvo at Essex West Village Park Towers at IQ Vivid Condos Connexion at Islington Westwood Condominiums Avani At Metrogate Jade Condominiums Nature’s Path 2150 Condos Haven On The Bluffs Lexington South Shore Qube Condos Me Condos
Scarl
W estway
9
*TH: Townhomes, C: Condo
25
1
7
Builder Tridel Corporation Concert Properties Monarch Corporation Menkes Developments Inc. Citycore Queenscorp Residences GEMTERRA Monarch Corporation Tridel Corporation Insoho Developments Stanton Renaissance Devron Developments Lemine Investment Group Monarch Corporation Monarch Corporation Conservatory Group Great Gulf Menkes Developments Inc. Wilkinson Developments Lash Group of Companies Carttera National Homes Averton Homes Infinity Developments Esquire Homes Times Group Corp. ICON Homes Henderson Development Limited Menkes Developments Inc. Davies Smith Liberty Development Corp. Monarch Corporation Edilcan Development Corp. Tridel Corporation Tridel Corporation Remington Group Pemberton Group North Star Homes Alterra Homes/Finer Space Tridel Corporation Phantom Developments Your Home Developments VHL Developments Ltd. VHL Developments Ltd. Royale Grand Woodbine Developments MintoUrban Communities Inc. First Avenue Properties Lash Group of Companies
24
Rd
62
401
Centennial
60
23
Finch Ave W
Re
14
# 8 16 18 22 23 25 26 39 55 1 2 3 3 4 5 6 7 7 9 10 10 12 13 14 15 17 19 20 21 24 28 29 34 35 44 46 50 50 51 55 56 60 61 61 62 65 70 71
21 22
East Ave Port Union Rd
Av e
17
Beare Rd
Da nf or th
16
Passmore Ave
15
RD
Manse Rd
28
15
427 Morrish Rd
Ki
n
to
gs
Kin
Galloway Rd
St. Clair Ave
n
lva
Sy
Conlins Rd
Markham Rd
McCowan Rd
Brimley Rd
Lawrence Ave E
Dr
14
Sheppard Ave E
3 Scarborough Golf Rd
orton
* Due to scale restrictions, locators are 1 see builder’s ads d approximate. Please n R for sto exact locations. ng
Victoria Park
g
71 Brim
Eglinton Ave E
f
Progress Ave
Orton Park Rd
29 20
Bellamy Rd
Kennedy Rd
W arden Ave
Pharmacy Rd
e
61
Birchmount Rd
d
401 Midland Ave
401
Milner Ave
55
Ellesmere Rd
Morningside Ave
13 23
13
Meadowvale Rd
A ve
evin McL
Sheppard Ave E 26
12 Reesor Rd
Huntingwood Dr
c
11 Sewells Rd
Finch Ave E
b
10
Neilson Rd
McNicoll Ave
9
Tapscott Rd
McCowan Rd
A
7
56
6 19 24 17 18
4 39
Lakeshore Blvd W
Telephone TH* C* Price Range Page Finder 416-645-8862 • from $250,000 BC 23F thekipdistrict.com • from $233,000 69 22F 416-495-3544 • from $200,000 Insert 25c 416-259-2525 • from $550,000 Insert 20H 416-493-0123 • 93 2C 416-354-2221 • from $350,000 91 23H joycondos.com • from $220,000 50-51 4C 416-495-3544 • from $400,000 Insert 26H 416-293-5535 • from $220,000 IFC 4C 416-367-7303 from $235,000 4F 647-692-8417 • from $250,000 23H academycondos.com • from $220,000 10D academycondos.com • from $220,000 10D 416-203-6636 • from $400,000 25H 416-495-3530 • from $250,000 24F 416-321-1659 • from $230,000 25H 416-695-3535 • from $280,000 20G 416-695-3535 • 20G 416-698-3020 • 2H 416-747-0199 • from $230,000 22B 416-800-0812 • from $230,000 22B 416-746-1234 • from $570,000 23D 416-702-1234 • from $250,000 2C 416-699-1711 • from $300,000 2G esquirehomes.ca • from $210,000 12D keywesttorontocondo.com from $320,000 25H 416-901-0206 • from $220,000 24H 416-296-1898 • from $185,000 5D 416-259-2525 • from $390,000 20F 416-259-8882 • from $300,000 24H 416-987-7575 • from $253,000 2G 416-495-3544 • 6D 416-233-5554 • from $250,000 21F 416-231-0999 • from $456,000 22g 416-620-1887 • from $290,000 20F 416-253-5838 • from $170,000 23G 416-239-8200 • from $250,000 23F northstarhomesinc.com • from $250,000 23F 416-239-9888 • from $250,000 23F 416-293-5535 • from $240,000 4C 416-762-8818 • from $293,000 25G 416-745-6686 • • from $270,000 11E 416-750-2150 • 3E 416-2611-9555 • from $160,000 3E 416-638-8444 • from $240,000 21C 416-913-2136 • from $350,000 22H 647-351-7823 • from $200,000 24G 416-430-0003 • from $250,000 8D Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
torontoregionalmaps: Scarborough, Etobicoke
101
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
20
21 22
23
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ay Va lle yP ar kw n Do
Ave
tE
y Valle D on a y Parkw
2
8
11 21
15 ay 29 ssw e
4
58
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Gar
10
o esh Lak W Blvd
St
y Ave
Jarvis
ersit
3 60 shore Lake W Blvd
rd S
re
Univ
ve ina A Spad
St Keele
5
QEW
26
12
e
f
25
bine
Gera
Rd
ne
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s dow
Duff
Land
d
24
Par k
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Rd
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Toronto Waterfront
h
waterfrontmaps: Toronto
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
102
#
Builder
Site
1
Menkes Developments Inc.
Telephone
TH* C*
Price Range
•
from $350,000
Page
Finder
Harbour plaza
416-591-7700
15 The Daniels Corporation
Daniels Waterfront
416-221-3939
18 URBAN CAPITAL
RC3
416-862-0505
58 GREAT GULF
Monde
416-466-8885
• • from $320,000
25
17E
60 CANALFA GROUP
Liberty Central by the Lake Two
416-537-0047
63
11F
2
Concord Adex
FWD at Concord CityPlace
416-813-0999
• •
13F
3
Concord Adex
Quartz at Concord CityPlace
416-813-0999
• •
12F
3
Concord adex
ParadeTWO Park Collection at Concord CityPlace
416-813-0999
• from $308,000
15M
4
Monarch Corporation
Nautilus at Waterview -
416-203-6636
• from $400,000
25H
4
tridel corporation
Aqualina at Bayside Toronto
416-514-2710
•
16E
4 tridel corporation
AquaVista at Bayside Toronto
416-514-2710
• from $1,000,000
16E
5
Cresford Development Corp.
NXT at Windermere By The Lake
416-977-5300
• • from $350,000
11f
5
Cresford Development Corp.
NXT2/Phase Two
416-977-5300
• • from $210,000
4E
8
CONCORD ADEX
Spectra at Concord CityPlace
416-813-0999
• •
14F
10 Great Gulf
Twenty Lombard
416-499-8883
• from $492,000
16K
11 CAMROST FELCORP
California Condominiums
sunsetcondos.ca
• from $242,000
25G
18 URBAN CAPITAL
River City 2
416-862-0505
• from $276,000
16F
29 Pinnacle International
33 Bay Residences at Pinnacle Centre
416-925-3325
• from $375,000
15F
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Insert
14F
• from $280,000
39
16F
• from $220,000
43 16F
• from $250,000
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
Finder
Insert
13B
Newcastle 416-495-3544
• from $300,000
Bu
W Rd
St E
ee n
Qu
in d
Sh Sp eri ea da km n P an ark Tr us Dr D r co tt Dr
ya lW
Ro
W
Rd
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La ke sh
Sp ee rs Rd La ke M sh ac or D o Co e na r Rd ld nw a E llR Rd d
Rd
Rd
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Br id g
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Up
so Q u r D ee r nS tW
ur n
Ra th b
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Co
Th e
E
Rd
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th o
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W Rd rp e
as St W nd
Bay
ly
La ke sh
or e
Rd
Watermark
416-354-2221
• from $350,000
Insert
Oshawa
24c
401
91
19D
Atwater Condos
905-271-5038
• from $280,000
12C
2
Stanton Renaissance
On The Go
647-692-8417
• from $250,000
23C
3
Davies Smith
Eleven Superior
416-259-8882
• from $300,000
23C
4
DUnsire Developments
Anchors at Lakeview
905-990-1745
• from $420,000
13B
8
chestnut hill development
San Francisco By The Bay
905-831-3631
• • from $180,000
23J
Eau Du Soleil - Waterfront Condominiums
416-503-3328
25B
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
• from $320,000
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
waterfrontmaps: GTA
ia lD r
on Ce re m
W Rd
Eg lin rn Ra to ha th n m bu th rn or Rd Du pe E Th nd Rd e as W Qu St ee E ns w ay
W
Rd
Br ita nn
ia
W Av e St ee le s
De rr y
am
Riva Del Lago
Park Rd S
Page
King
Schomberg
Phillip M
Manvers
Scugog
• from $400,000
Bloor St
S
Price Range
Park Rd S
TH* C*
og
Scug
Stevenson Rd
Whitby 7 Waterfront Lake
Gibb St
W entworth St
Lindsay
Uxbridge
King St WBond St
Thornton Rd
416-495-3544 48
Blair St
Telephone
8
401
AdelaideAve
Centre St.
n
Manning Rd
Hopkins St
Brock St S Henry St Gordon St
Cannington
48
Garrard Rd Kendalwood R
Dundas St E
Garden StBlair St
Du
oe
th o
mc
am
Si
Stevenson Rd
rn h
Thornton Rd
Thickson Rd
Anderson St
Cochrane St
Bu
Garrard Rd
Baldwin St N
Garden St
Baldwin St S
Brock St N
Waterscapes
Town of Whitby
Bv
400
McQuay
Keswick
Rossland Rd
windcatcher development corp.
*TH: Townhomes, C: Condo
Stevenson Rd
Rd
Du ffs Rd
Park Law n Cedarbrook T
RoyalYork Rd
Country Lane
Taunton Rd W
1
28 empire communities
To Os
Dryden Bv
Rossland Rd
Whitby 25 queenscorp residences
Ashburn Rd
Cochrane
Country Lane
Coronation R
9
Georgina
Bradford Tecumseth and Tottenham
Adjala
Conlin Rd
Bayly St E Georgina Island 33 caygeo Bob
East Gwillimbury Further North Waterfront
9
Church St E
18
3
25
Ajax-Whitby
18 Monarch Corporation
Townline Rd
Mono
Lakeridge Rd
10
Halls Rd N
11 MonarchShelburne Corp.
Sim
Alliston,
Beeton, Site
89
Lake Ridge R
Builder
Audley Rd
0
#
400
a
Hwy 5
k
Essa
ke
La
W estney Rd S
ew
Tosorontio Everett
D
26
8 Con
Lakeshore Blvd E
e 401
Shoal Point Rd
Montgomery F
2
H orner Ave Rossland/Winchester R
co
Pickering Beach Rd
nt
Angus
iv
ou
Dr
J
em
Barrie
25
W Taunton Rd Waterfront Etobicoke
Kingston Rd
Oro
ke
ug
Mara
11
400
24
Village of 28 Evans Ave G ardiner Expressw ay Brooklin Q ueensw ay
Town of Ajax
Magill Dr
93
La
Ro
Sunnidale Oakville Granite Court 90 Waterfront Lisle
Delaney Dr
Finley A ve
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103
CONDO WATCH
9 5 Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to Lydia.McNutt@ypnexthome.ca
new releases & grand openings
previews & registrations
URBAN TOWNDOMINIUMS By Rosehaven Homes
SENSES CONDOMINIUMS By Empire Communities
Grand opening continues at these sensational homes located at Mississauga Road and Sandalwood Parkway. Web: RosehavenUrban.com
Senses is the latest release at Empire’s successful Rain community at the bustling intersection of Speers Road and Kerr Street in Oakville. Register for VIP access. Web: SensesCondos.com
PACE ON MAIN By Geranium Homes Luxury suites are coming soon to Stouffville’s boutique condominium address. Web: GeraniumHomes.com
THE CRAFTSMAN CONDOMINIUM By Vandyk Grand opening of new sales centre and model suite. Check out these artisan-inspired condo residences, coming to Clarkson Village. Web: CraftsmanCondo.com
PINNACLE GRAND PARK 2 By Pinnacle International Brand new suites are now on sale at Pinnacle Grand Park 2, the newest addition to Mississauga’s skyline. Web: PinnacleGrandPark.ca
LEGACY PARK By Liberty Development Corp. Live in Thornhill’s most connected community at Bathurst and Centre Street. Web: LegacyParkCondos.com
HOT CONDOMINIUM By Great Gulf Phase 3 final release of this stylish boutique condominium is now on sale at Winston Churchill and Eglinton. Web: GreatGulf.com
VILLE CONDOMINIUMS By Forest Green Homes Register now for the best of urban living and small-town charm, right in the heart of Streetsville in Mississauga. Web: VilleCondos.ca
CRYSTAL By Pinnacle International Register now for all the latest information on this master-planned community in Mississauga. Web: PinnacleUptown.ca
OAKVILLAGE By Minto, Branthaven and Emshih Introducing Oakvillage, a master-planned townhome community coming to Dundas St. E. and Trafalgar Rd. Register now. Web: Oakvillage.ca
THE SORRENTO By Armour Heights Developments Register now for this four-storey condominium offering European-style living in Richmond Hill. Web: TheSorrento.ca
THE MET CONDOS By Plaza The Met takes comfort and luxury to a whole new dimension. Web: TheMetCondos.com
THE BERKELEY By Carriage Gate Homes A hotel-inspired condominium is coming to Caroline Street and Elizabeth Street in Burlington. Web: TheBerkeleyCondo.com
104 NEW CONDO GUIDE APRIL 11 - 25, 2015
GTA Edition Apr 11 - 25, 2015
Your complete source for condos, lofts and townhomes in the GTA
IN THIS SECTION Maps and listings for new condo communities in the 905 region Builder news and the latest in condos in the 905 APRIL 11 - 25, 2015 NEW CONDO GUIDE 105
IN THE NEWS
Breaking ground at The Mark CONSTRUCTION KICKS OFF AT MARKHAM CONDOMINIUM
Pictured (left to right): Dan Flomen, senior vice-president of sales, Empire; Jawad Rathore, president and CEO, Fortress Real Developments; Dino Sciavilla, president, Pace Developments; Karen Rea, City of Markham Ward 4 Councillor; Frank Margani, executive vice-president, Fortress Real Developments; Peter Sciavilla, vice-president of construction, Pace Developments; Michael Meneguzzi, president, High Rise Division, Empire
E
mpire Communities, Pace Developments and Fortress Real Developments have ushered in the start of construction for The Mark in Markham. Designed by award-winning Kohn Partnership Architects Inc., The Mark is a striking 220-suite highrise that combines contemporary form and Art Deco-inspired elements. At the future site of The Mark, located at 9560 Markham Rd., key representatives from Empire Communities, Pace Developments and Fortress Real Developments, along with City of Markham Ward 4 Councillor Karen Rea, commemorated the occasion with a ceremonial dig. “The Mark has been one of the most sought-after condominium projects in Markham,” says Paul A. Golini Jr., Empire co-founder and executive vice-president, Industry Relations. “The Mark is unique in that it offers spectacular design and appealing amenities in one of the GTA’s most vibrant, established and welcoming communities,” adds Dino Sciavilla, president, Pace Developments. Markham, which will play host to this summer’s 2015 Pan Am and Parapan Am Games, has the charm of a small town with the conveniences of city living, 106 NEW CONDO GUIDE APRIL 11 - 25, 2015
including close proximity to shops, restaurants, parklands, schools and hospitals. The Mark is situated across from The Mount Joy GO station, providing residents with a convenient commute to downtown Toronto via Union Station in less than 45 minutes. Amenities at The Mark include a professionally equipped exercise room, entertainment room, fireside lounge and an outdoor terrace with barbecues. Learn more at TheMarkCondos.ca, call 905.554.5015 or email sales@themarkcondos.ca
407 401
407
401
410
410 N
iou Sr ot n. t a r io S t . Hu r on t a rH
00 OM
Presentation Presentation Centre Centre N Presentation Centre 5044 5044 Hurontario Hurontario St. St. N 407 401 407 410 Presentation Presentation Centre Centre Hurontario St. Presentation N N 5044 (at Eglinton) (at Eglinton) 401 401Presentation 410 410 Centre Centre 5044 5044 Hurontario Hurontario St. St. Presentation (at Eglinton) Eglinton Ave. Eglinton Ave. Mississauga, Centre Mississauga, Ontario Ontario 403 403 Presentation Presentation (at (at Eglinton) Eglinton) Eglinton Ave. Centre Mississauga, 403 Toronto To Centre To TorontoMon Mon - Thurs - Thurs 1 -Ontario 7pm 1 - 7pm EglintonEglinton Ave. Ave. Mississauga, Mississauga, Ontario 403 403 To Toronto Mon -- Thurs 1 -Ontario 7pm QEW QEW Fri Fri Sun Sun + Holidays + Holidays 12 - 12 6pm - 6pm To Toronto To Toronto Mon Thurs - Thurs 1 - 7pm 1 - 7pm QEW FriMon -- Sun + Holidays 12 - 6pm QEW QEW Fri Fri - Sun - Sun + Holidays + Holidays 12 -126pm - 6pm 407
Hu r on t a r io S t . Hu r on t a r io S t . Hu r on t a r io S t .
0s 0s
As construction As construction nears nears completion completion on these on these incredible incredible twin twin towers, towers, now’s now’s As construction nears completion on these incredible twin towers, now’s the the perfect perfect time time tonears make tocompletion make Crystal Crystal at Pinnacle at Pinnacle Uptown Uptown your your new new home! home! As As construction construction nears completion on on these these incredible incredible twin twin towers, towers, now’s now’s the perfect time to the make Crystal at Pinnacle Uptown your new home! This This spring, spring, be among be among the first first to take to take ownership ownership in this in this spectacular spectacular newnew the the perfect perfect time time to to make make Crystal Crystal at Pinnacle at Pinnacle Uptown Uptown your your new new home! home! This spring, be among the first tocommunity take ownership in this spectacular new 36-acre 36-acre master-planned community in Uptown in Uptown Mississauga! This This spring, spring, bemaster-planned be among among thethe first first to to take take ownership ownership in this inMississauga! this spectacular spectacular new new 36-acre master-planned community in Uptown Mississauga! 36-acre 36-acre master-planned master-planned community community in Uptown in Uptown Mississauga! Mississauga!
PINNACLEINTERNATIONAL.CA PINNACLEINTERNATIONAL.CA PINNACLEINTERNATIONAL.CA TORONTO TORONTO . MISSISSAUGA . MISSISSAUGA . VANCOUVER . VANCOUVER . . PINNACLEINTERNATIONAL.CA PINNACLEINTERNATIONAL.CA TORONTO . MISSISSAUGA . VANCOUVER .
Suites Suites from from the the $200s $200s Suites from the $200s Penthouses Penthouses from from the the $600s $600s Suites Suites from from the the $200s $200s Penthouses from the $600s 905.568.9000 905.568.9000 Penthouses Penthouses from from thethe $600s $600s
905.568.9000 PINNACLEUPTOWN.COM PINNACLEUPTOWN.COM 905.568.9000 905.568.9000 PINNACLEUPTOWN.COM PINNACLEUPTOWN.COM PINNACLEUPTOWN.COM
BrokersBrokers Protected. Protected. Rendering Rendering is artist’s is concept. artist’s concept. Prices and Prices specifications and specifications are subject are subject to to change without without notice. E.&O.E. notice. E.&O.E. Brokers Protected. Rendering artist’s concept. TORONTO TORONTO . change MISSISSAUGA . MISSISSAUGA . isVANCOUVER . VANCOUVER . Prices . and specifications are subject to change without notice. E.&O.E. Brokers Brokers Protected. Protected. Rendering Rendering is artist’s is artist’s concept. concept. PricesPrices and specifications and specifications are subject are subject to change to change without without notice.notice. E.&O.E. E.&O.E.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 107
HAVE YOU DISCOVERED
BOUTIQUE
MAIN STREET STOUFFVILLE?
CONDOMINIUM LIVING
MAIN STREET DOWNT T W WN STOUFFVILLE FVIL
• Steps to the Stouffville GO Station • Minutes north of Markham and close to Highways 48, 404 and 407 • Enjoy the fabulous amenities of Main Street including local bistros, unique boutiques, neighbourhood pubs and cafes, outdoor festivals, farmers’ markets, parks and recreation — all at your door
Sales Centre: 6212 Main Street, Stouffville
PACE ON MAIN SALES CENTRE
SITE
OBrien Ave
Blake St
404
Main St LLoyd St
905-591-1071 | PaceOnMain.com Mon to Wed: 1 – 6pm / Sat & Sun: 11am – 5pm Thurs & Fri: Closed or by appointment
9th Line
Stouffville Rd
Freel Ln
1, 2 & 3 BEDROOM SUITES | 650 TO 1,517 SQ. FT. | FROM $329,900 (Includes One Parking Space)
Burkholder St
Major Mackenzie Dr 407
Prices and specications are subject to change without notice. Rendering is artist’s concept. Map not to scale. Brokers Protected. E.&O.E.
STOUFFVILLE
DIAMONDS ARE FOREVER JUST LIKE OUR VIEWS
COMING SOON, BRILLIANT LIVING AT AVENUE & ST. CLAIR FROM THE $300’S Blue Diamond at Imperial Plaza, a new 26-storey tower in the dazzling Forest Hill neighbourhood, brings new intensity to condominium luxury. Sublime amenities, superlative finishes and Toronto’s most radiant views. Experience the brilliance.
REGISTER NOW BLUEDIAMONDCONDOS.CA FO L LOW U S :
@CAMROST
C A M R O S T F E LCO R P
PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. IMAGES ARE ARTIST CONCEPT. ERRORS AND OMISSIONS EXCEPTED. BROKERS PROTECTED
• FREE PARKING AND LOCKER • STANDARD UPGRADED LUXURY FINISHES INCLUDED • INDIVIDUAL SUITE CLIMATE CONTROL • ACCESS TO THE GRAND SPA
Don’t miss this rare chance for LUXURY LIVING AT AFFORDABLE PRICES in the heart of Richmond Hill Under construction with Fall 2015 occupancy OUR ON-SITE SALES CENTRE IS OPEN DAILY AT: 9612 Yonge Street 905.907.4370 www.grandpalace.ca
HILLCREST MALL
YONGE ST.
9612 Yonge Street
WELDRICK RD.
BAYVIEW AVE.
MAJOR MACKENZIE DR.
16TH AVE.
407
Prices & specifications subject to change without notice, E. & O. E.
APRIL 11 - 25, 2015 NEW CONDO GUIDE 109
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PSV2
905-273-9333
•
71
20L
9
Empire Communities
Senses Condominiums
905-845-7246
•
from $220,000
6-7
17Q
34 Pinnacle International
Pinnacle Uptown, Crystal
905-568-9000
•
from $200,000
107
19K
47 The Daniels Corporation
Daniels Erin Mills
905-306-6996
•
from $250,000
29
17M
1
Vandyk Communities
The Craftsman
from $310,000
21N
2
Windcatcher Development Corporation
Atwater Condos
905-271-5038
•
from $280,000
24L
3
Castleridge Homes
The Clairington
905-793-0002
•
from $230,000
16E
3
Pinnacle International
The Marquee Townhomes on the Park
905-568-9000
•
from $700,000
20K
4
Conservatory Group
Mirage
905-232-2400
•
from $270,000
20K
6
Forest Green Homes
Ville Condominiums
from $220,000
16L
7
Great Gulf
HOT
905-828-4257
•
from $330,000
16M
8
Fernbrook Homes
Absolute World
416-869-6057
•
from $188,000
21k
8
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Absolute World
416-869-6057
from $188,000
21K
10 AMACON
The Residences at Parkside Village
905-273-9333
•
21K
12 Alterra Homes
Renaissance in Olde Brampton
416-710-1010
•
from $490,000
13H
14 Pemberton Group
Rosedale Village Golf & Country Club
905-799-5000
•
from $346,000
13F
15 ADI Development Group
Link2 Condos+Lofts
905-592-2028
•
from $195,000
5M
16 Vandyk Communities
Windows on the Green
905-822-3333
from $300,000
19N
17 Pemberton Group
Downtown Erin Mills Condominiums
905-630-6300
•
from $300,000
18M
18 Retirement Lifestyle Communities
Palisades on the Glen
905-820-8210
•
from $290,000
18N
20 Carriage Gate Homes
The Berkley Downtown Burlington theberkeleycondo.com
•
5M
21 Casino Bay Dev. Corp./Toddglen
Panoramic Point at Brewery Bay
1-866-611-5525
•
from $264,000
7Q
27 Inzola Group
Park Place
905-451-7001
•
from $310,000
14H
30 Pinnacle International
Pinnacle Grand Park 2
905-276-3981
•
from $200,000
20L
30 Pinnacle International
Pinnacle Grand Park
905-276-3981
•
from $300,000
20L
32 Armour Heights Developments
River’s Edge
905-533-2400
•
from $285,000
14A
35 Ashley Oaks Group
Emporium at Joshua Creek
905-618-0660
•
from $200,000
17O
38 Tridel Corporation
Metrogate - Ventus 2
416-293-5535
•
•
from $302,000
19J
38 Tridel Corporation
Ventus at Metrogate
416-293-5535
•
•
from $344,000
19J
45 Empire Communities
Rain Condominiums
905-845-7246
•
from $200,000
17Q
46 Mattamy Homes
The Mount Pleasant Village
mattamyhomes.com
•
from $200,000
20K
*TH: Townhomes, C: Condo
Site
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Telephone
TH* C*
craftsmancondos.com
villecondos.ca
•
•
•
Price Range
Page
Finder
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North
#
111
1
A
2
3
4
5
6
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11
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
16
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18
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905regionalmaps: Maple, Thornhill, Richmond Hill, Vaughan, Markham, Ajax, Whitby, Oshawa
Leslie St
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#
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24 1 13
4
Thornhill H enderson Av e
407
31
Yonge St
44
N ealD r
e Av
7
40
d St
n to
43 10 33
D enham D r
ng Isli t nce S Clare Kipling Av e
50
7
g 407
41 26
W eldrick Rd W
Langstaff Rd
404
M ajor M acKenzie
25
401
19 Ave
Elgin M ills Rd
Richmond Hill
Rutherford Rd
400
Yorklan
St
20
Regent St M illSt
Maple
19th Ave.
24
401
401
G am ble Rd
Bathurst St
D ufferin
e
22
Keele St
H untington
11
M ajor M ackenzie
ff Rd Langstaf
Jefferson Sideroad
Cr
Teston Rd
d
400
Jane St
Kirby Rd
N ashville Rd
W eston Rd
c
Pine Valley
Cold Cree k Rd
12 Line Rd
King-Vaughan Rd
Tow n of Ajax
City of Pickering
Yonge St
6
Bayview Ave
King Rd
23
Tow n of W hitby
Bloom ington Sideroad
b
21 22
Markham
D enison St
Price Range
Page
Finder
13 Liberty Development Corp.
Legacy Park
905-731-8302
•
from $265,000
36-37
10g
31 Pemberton Group
Sky City 2
905-709-5700
•
from $320,000
8
12F
43 Guizzetti Developments
Grand Palace
905-907-4370
•
109
12E
44 Liberty Development Corp.
Centro Square Condos 2
905-851-8877
•
from $400,000
35
5F
•
from $400,000
16D 22D
1
Monarch Corporation
Garden Court
416-495-3595
2
Flato Development
Arthouse Condos
905-554-8722
from $200,000
3
Tribute Communities
Varley
905-604-1477
•
from $520,000
19F
4
Tridel Corporation
Renaissance of Richmond Hill
416-736-9500
•
from $740,000
14E
5
Lindvest
Grand Cornell Brownstones in Markham
905-294-6161
from $340,000
23F
6
Armour Heights Developments
The Sorrento
289-637-1777
•
from $390,000
13B
7
MintoUrban Communities Inc.
•
from $369,000
12F
from $250,000
12E
WaterGarden
416-915-3800
10 Great Lands Corp.
The Beverly Hills Resort Residences
905-882-6636
11 Triaxis Development Inc/Marino Developments
Courtyards of Maple
416-798-7070
•
from $390,000
7D
12 Greenpark Homes
UV2
905-554-6501
•
from $253,000
22F
14 Remington Group
The Signature Condominium
905-948-9900
•
from $300,000
18F
14 Remington Group
Model Suite of the Month
905-948-9900
•
from $300,000
18F
20 Solmar Development Corp
Bellaria Residences
905-417-8482
•
from $240,000
7e
22 Quadra Mgt. & Sceptre Devs.
Renaissance Court at Woodbridge Gates
905-851-4220
•
from $505,000
2F
22 Wycliffe Homes
Fairground Lofts
905-605-5900
•
from $340,000
2F
24 Liberty Development Corp.
The Fountains
905-731-8302
•
from $272,000
10F
26 Rice Development
Ambria
905-796-3630
•
from $340,000
3F
28 Chestnut Hill Homes
San Francisco by the Bay
905-831-3631
•
from $200,000
22C
31 Pemberton Group
Sky City
905-709-5700
•
from $320,000
12F
32 Liberty Development Corp.
Royal Gardens
905-889-9997
•
from $303,000
15F
32 Signature Communities
TAO Boutique Condos
905-597-2535
•
from $200,000
15F
33 Pemberton Group
Miracle at Yonge
905-709-5700
•
from $280,000
12F
34 Sierra Homes
68 Main Street
905-305-0822
•
from $250,000
21E
40 Nova Trimax
Allegra
905-850-6866
•
from $250,000
1F
41 Quadcam Development Group Inc
Vista Parc Condominiums
905-850-8883
•
from $260,000
3F
45 Kylemore Communities
The 6th Angus Glen
905-887-9950
•
19E
46 Empire Communities
The Mark
905-554-5015
•
22E
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
•
•
from $250,000
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
HOMEBUYERS’ HELP
condo buyers’ resource section YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD! Compare mortgage rates for your best deal Calculate your mortgage payments
APRIL 11 - 25, 2015 NEW CONDO GUIDE 113
HOMEBUYERS’ HELP
Calculate your mortgage payments interest rate
amortization period
chart figure
mortgage amount ÷ 1,000
monthly payment
EXAMPLE: 5%
25 YEARS
5.82
125 (MORTGAGE AMOUNT $125,000)
$
Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Determine the
03 Choose your desired
04 At the intersection of
appropriate five-year fixed mortgage rate, which is easiest to qualify for.
amortization period across the top of the table (25 years has lowest payment and is easiest to qualify for firsttime homebuyers).
the column and row is your mortgage payment per month per $100,000 borrowed.
02 Look down the left column of the table on the opposite page to find the rate (rounded to the nearest 1/4 per cent).
114 NEW CONDO GUIDE APRIL 11 - 25, 2015
Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.
Mortgage payment calculation chart
%
INTEREST RATES
Amortization Periods 15 YEARS
20 YEARS
25 YEARS
30 YEARS
2.50%
$666
$529
$448
$394
2.75%
$678
$541
$461
$407
3.00%
$690
$554
$473
$421
3.25%
$702
$566
$486
$434
3.50%
$714
$579
$499
$448
3.75%
$726
$591
$513
$461
4.00%
$738
$604
$526
$476
4.25%
$750
$617
$540
$490
4.50%
$763
$630
$553
$504
4.75%
$775
$644
$567
$519
5.00%
$788
$657
$582
$534
5.25%
$801
$671
$596
$549
5.50%
$814
$684
$610
$564
5.75%
$827
$698
$625
$579
6.00%
$840
$712
$640
$595
6.25%
$853
$726
$655
$611
6.50%
$866
$741
$670
$626
6.75%
$880
$755
$685
$642
7.00%
$893
$769
$700
$659
Table provided by Calum Ross, owner, president and principal broker at Calum Ross Mortgage. He can be reached at 416.410.9905, calum@calumross.com and calumross.com APRIL 11 - 25, 2015 NEW CONDO GUIDE 115
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The Urban Townhome Collection, Toronto The Victoria Model Home, 2,628 sq.ft. + 622 sq.ft. Terrace
BEYOND MORTGAGE RATES How accelerated payments can save you thousands
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HOMEBUYERS’ HELP
Compare mortgage rates for your best deal 4 years
5 years
ATB Financial
CHARTERED BANKS
Variable 2.35
4
2.94 4.00op
2.64 4.00op
2.64 4.00op
2.74
2.84
Alterna Svgs/Alterna Bk
2.45
4
2.94
2.78
2.85
4
2.98 6.30op 2.84 6.30op
2.98
Bank of Montreal
2.98 6.30op 2.89 6.30op
3.39
3.89
2.79
Bank of Nova Scotia
2.85
4.55
3.29 6.45op
3.09 6.50op
3.39
3.89
4.49
4
3.14 6.45op
3.04 6.30op
3.65
4.2
4.74
2.99 2.89 6.70op
2.79 2.29 6.35op
2.25 3.55
2.89 2.69
2.69 4.79
4.45
3
2.94 3.35op
2.84
2.79
2.79
4.4
2.89 6.70op
2.84 6.70op
3.39
2.79
2.89
3.14 6.30op
2.29 3.04 6.30op
3.49 3.65
2.73 4.39
4.44 4.64
Canadian Western Bank CFF Bank CIBC
2.85
Manulife Bank
2.55
National Bank
n/a
6 Months
1 Year
2 years
3 years
President’s Choice Financial Royal Bank
2.5 2.85
TD Canada Trust
2.85
2.89
2.24 6.30op
3.39
3.89
2.74
Tangerine
2.85
3.19
3.24
3.49
3.69
3.79
TRUST COMPANIES Community Trust Concentra Financial
n/a n/a
6.5 5
3.14 2.89 6.70op
3.25 2.59 6.30op
3.95 3.39
4.74 3.89
4.99 4.74
Effort Trust
n/a
4.45
3.35 6.30op
3.5 6.30op
3.7
4.3
4.35
Home Trust Company Investors Group Trust
2.35 n/a
3.95 4.2
2.89 3.14 6.50op
2.44 3.09 6.30op
2.54 3.75
2.64 4.39
2.64 3.29
MTCC
2.85
4.55
3.29 6.45op
3.09 6.50op
3.39
3.89
4.49
3.01
3.1 6.25op
3.33
3.65
3.13
6.2
2.89 6.40op
2.89 6.30op
2.95
2.99
2.79
3.1
2.84 2.99 6.34op
2.49 3.04 6.34op
2.59 3.19
2.69 2.99
2.69 2.69
2.99 3.14 6.50op
2.69 3.09 6.30op
2.89 3.75
3.04 4.39
3.09 4.79
2.85
2.25 6.25op
3.35
2.7
3.05
3.6 3.09
3.95 3.09 6.30op
4.35 3.55
4.84 3.29
5.14 2.75
OTHER FINANCIAL INSTITUTIONS Airline Financial C.U.
4
Comtech Credit Union
2.45
First National Fin. LP FirstOntario C.U.
2.85
IC Savings London Life
n/a
4.2
Luminus Financial
2.45
MCAP Meridian Credit Union
2.35 2.65
Parama Credit Union
2.5
2.7
2.9 2.85op
3
3.1
3.2
Steinbach Credit Union
2.4
2.6
2.7
2.75
2.85
2.85
4
Notes **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. R.O.R. = RATES ON REQUEST OP = OPEN ----- = NOT QUOTING N/A = NOT AVAILABLE Prepared by http://www.FiscalAgents.com/mortgage/rates
APRIL 11 - 25, 2015 NEW CONDO GUIDE 117
index of advertisers 45 Charles Ltd. - Chaz Yorkville Condos
27
Liberty Development Corp. - Legacy Park
AMACON - PSV2
71
Luxury Living Magazine - Promo
46
Andiel Homes Inc. - East United Toronto Condos
Insert
36-37
Madison Homes - Zigg St.Clair West
47
Aragon Properties - Enigma on the Park
87
Malibu Investments Inc. - Smart House
57
Aspen Ridge Homes - Studio on Richmond
45
Menkes Developments Inc. - 365 Church
Insert
Menkes Developments Inc. - 87 Peter
Insert
Menkes Developments Inc. - Fabrik
Insert
Menkes Developments Inc. - Gibson Square
Insert
Menkes Developments Inc. - Harbour Plaza
Insert
Menkes Developments Inc. - Humber Mews
Insert
Menkes Developments Inc. - Pears on the Avenue
Insert
Menkes Developments Inc. - The Eglinton Yonge at Heart
Insert
Bazis Inc. - E Condos
5
Bazis Inc. - No1 Yorkville
3
Berkshire Axis Development - East United Toronto Condos Brandy Lane Homes - The Station Camrost - Felcorp - Blue Diamond at Imperial Plaza
Insert 24 1
Canalfa Group - Liberty Central by the Lake Two
63
Castle Group Developments - Vida at Bayview Village
73
Chestnut Hill Development - Lotus Condominiums
67
Citycore - Harmony Village
93
Concert Properties - The KIP District
69
Concord Adex - Omega on the park
30-31
Cresford Development Corp. - 1000 Bay
120
Cresford Development Corp. - CASA 2
IBC
Cresford Development Corp. - CASA III
Metropia - E Condos
5
Minto Communities Inc. - West Side
23
Minto Communities Inc. - Yorkville Park
14
Mobile App - Promo
44
Monarch Corporation - Lago
Insert
120
Monarch Corporation - Picasso on Richmond
Insert
Cresford Development Corp. - Merton Yonge Condominiums
120
Monarch Corporation - Riva del Lago
Insert
Cresford Development Corp. - VOX
120
Monarch Corporation - Waterscapes
Insert
Eden Shaw - Chaz Yorkville Condos
27
Pemberton Group - Citylights on Broadway
ELAD Canada - The Colours of Emerald City
59
Pemberton Group - Model Suite of the Month
Empire Communities - Senses Condominiums
6-7
Pemberton Group - Sky City 2
Family of magazines - Promo
116
Pianosi Developments - Perspective Condos
Fieldgate Homes - Zigg St.Clair West
47
Pinnacle International - Pinnacle Uptown, Crystal
Fram Building Group - 128 Connect Condos
92
Plaza - Corporate
Freed - Art Shoppe Condos
65
Gemterra - Joy Condos Geranium Homes - Pace on Main
50-51 108
Ghods Builders Inc. - 5959 Yonge Street
56
Great Gulf - Monde
25
Great Gulf - One Bloor Residences
25
Great Gulf - Pace
25
Great Gulf - Yonge+Richmond
25
Guizzetti Developments - Grand Palace
109
9 119 8 95 107 33
Plaza Premium Lounge - Promo
52
Queenscorp Residences - Watermark
91
Rio Can - E Condos Signature Communities - East United Toronto Condos
5 Insert
Sorbara Group - Beacon
61
T.D. Bank - Corporate
54
The Daniels Corporation - Daniels Erin Mills
29
The Daniels Corporation - Daniels Waterfront
39
The Daniels Corporation - High Park Condominiums
15
The Daniels Corporation - One Park Place South Tower
41
The Daniels Corporation - The Bartholomew Downtown East
19 42
Harhay Developments - One Eleven Condominiums & Lofts
79
HSBC - Corporate
77
Lamb Development Corp. - East Fiftyfive
53
Lamb Development Corp. - The Harlowe
55
Tridel Corporation - Artscape Salon
Lanterra Developments - Riverhouse at the Old Mill
26
Tridel Corporation - Avani 2 At Metrogate
IFC
Lanterra Developments - Teahouse
17
Tridel Corporation - Islington Terrace
BC
Lanterra Developments - Treviso Condominiums
11
Triumph Developments - Howard Park 2
81
Lash Group of Companies - The Barrington Condominiums Flats
94
Urban Capital - RC3
43
Liberty Development Corp. - Centro Square Condos 2
35
YP Next Home - Promo
80
Model Photography Compliments of Pemberton Group.
www.pembertongroup.com
The Urban Townhome Collection, Toronto The Victoria Model Home, 2,628 sq.ft. + 622 sq.ft. Terrace
APRIL2015
Pemberton Group has been featured as “MODEL SUITE OF THE MONTH” as seen in the New Condo Guide model suite calendar
DESIGN. LOCATION. STYLE. PASSION. TRUST. The locations you love. The designs you desire. The details you demand. A Cresford condominium is luxury living defined. For over 40 years Cresford has been at the forefront of the luxury condominium market. The first developer in Canada to pair its condominium designs with international fashion labels, we set the standard for superb quality, trusted security and cutting-edge style.
YORKVILLE
1815 YONGE STREET
UNDER CONSTRUCTION MOVE IN STARTS WINTER 2017 SIGNATURE PENTHOUSES COMING SOON SUITES FROM THE MID $300’S
LIVE HERE NOW! SUITES FROM THE MID $400’S TOWNS FROM THE LOW $600’S PENTHOUSES FROM THE $800’S
416.486.CASA (2272) CASACONDOMINIUM.COM
416.484.1900 MYCCONDO.COM
BAY STREET
YONGE & WELLESLEY
WELL UNDER CONSTRUCTION MOVE IN STARTS WINTER 2015 SUITES FROM THE HIGH $300’S
CONSTRUCTION TO START SPRING 2015 PENTHOUSES COMING SOON FURNISHED WITH DIESEL LIVING
416.485.3000 1THOUSANDBAY.COM
416.485.3000 VOXCONDOMINIUMS.COM
Built for the sky life. introducing a rare and select release of 1 and 2 bedroom suites, many with dens and media alcoves on the highest floors of islington terrace. Choose a smartly designed suite, starting from the 32nd floor that offers breathtaking, panoramic views of toronto’s downtown skyline to the east, lake views to the south, or north over verdant golf courses. NEW RELEASE Collection of suites starting on the 32nd floor Priced from the mid $200’s* Visit the Presentation Centre 2487 Bloor Street West, Etobicoke (At South Kingsway) 416.645.8862
eiGht decades of home BuildiNG. over 80,000 homes Built. tridel commuNities are Built GreeN. Built for life.® *Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale. Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. April 2015.
tridel.com
YORKVILLE
WELL UNDER CONSTRUCTION MOVE IN STARTS WINTER 2015 A sculptural 56-storey glass tower steps from Yonge & Bloor with unbeatable Toronto skyline views and embellished with MissoniHome furniture. SUITES FROM THE MID $300’S SIGNATURE PENTHOUSES STARTING FROM $1 MILLION
416.486. CASA (2272) CASA2CONDOMINIUMS.COM
CONDOMINIUM GALLERY
CONDOMINIUM GALLERY: 170 MERTON STREET
CASAII SIGNATURE PENTHOUSE BATHROOM
BROKERS PROTECTED. ILLUSTRATIONS ARE ARTIST’S CONCEPT. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E.
Built to make an entrance. The newest addition to our landmark Metrogate community, Avani 2 offers design-inspired living in every 1 and 2 bedroom suite, many with den options. This contemporary tower features spectacular indoor and outdoor amenities, the perfect spaces for residents to relax, rejuvenate and enjoy their leisure time – all overlooking a dynamic community park. Indulge your taste for sleek modernity at Avani 2, where virtually anything you could want is just moments away.
eiGht decades of home BuildiNG. over 80,000 homes Built. tridel commuNities are Built GreeN. Built for life.® *Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale. Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. April 2015.
Now opeN Kennedy and Hwy 401 in Scarborough Starting from the low $200’s* Visit the Presentation Centre 52 Village Green Square, Scarborough 416.293.5535
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